- Capex up, with focus on regulated businesses: €1bn, up 8% versus 2021
- EBITDA growth, with increasing focus again on regulated businesses (86% of total): €1.3bn, up 4% versus 2021
- Net profit broadly in line, excluding impact of windfall tax (€39m); other negative impacts (rising interest rates and increased credit loss provisions) offset by effective cost cutting measures in fourth quarter
- Water: (i) go-ahead for planned doubling of Peschiera aqueduct (one of ten infrastructure projects of national interest), due to cost €1.2bn, with €700m covered by public funding allocated in 2023 Stability Law; (ii) reduction of water losses in Rome network; (iii) allocation finalised for NRRP projects worth approximately €560m
- Energy Infrastructure: (i) construction of new high voltage power line for Rome (cutting CO2 emissions by 600k per year); (ii) launch of innovative meter for balancing energy demand and supply; (iii) allocation finalised for NRRP projects worth approximately €174m
- Environment: (i) go-ahead for construction of fourth line for San Vittore WTE plant; (ii) increased commitment to waste to energy in Rome; (iii) on-time submission of plans for new WTE plant for Rome; (iv) strengthened position in central Italy following series of acquisitions and development projects
Today’s meeting of the Board of Directors of ACEA, chaired by Barbara Marinali, has approved the separate and consolidated financial statements for the year ended 31 December 2022 and the Sustainability Report – Consolidated Non-financial Statement for 2022.
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