At the request of ACEA, Standard & Poor's has withdrawn all its ratings on the Company and bond issues currently outstanding, after confirming the judgment of merit equal to "BBB-" on long-term debt and "A-3" on short-term debt, with "Stable" outlook.

This decision stems from a profound reflection also held with leading investors and analysts and was based, among other things, on no commonality of the evaluation methodology used by Standard & Poor's does not reflect the significant operational and financial improvements achieved by the Acea Group in last years.