ACEA Company Description
When in Rome, do as the Romans do -- plug into ACEA's electricity and drink ACEA's water. The largest municipal utility in Italy, it is also Italy's #1 water utility and a top electricity distributor. ACEA provides water to 7 million people and distributes power to 2.7 million homes and businesses in Rome and surrounding areas. With utility liberalization taking hold, the City of Rome has sold 49% of ACEA on the public market. The former monopoly has purchased Enel's Roman distribution assets. Through a joint venture with Electrabel, it has expanded into power generation, energy marketing, and natural gas distribution. ACEA also has international utility interests; it has exited the telecommunications business.
View the Comprehensive Company Description for ACEA
The Company Description provides a historical perspective of ACEA's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ACEA's evolution in the marketplace.
