ACEA Energia S.p.A. is an Italian energy retailer and trader, historically part of the Acea Group (ACEA S.p.A.). Headquartered in Rome, the company focuses on the sale and marketing of electricity and natural gas in Italy’s liberalized energy markets.
ACEA Energia supplies residential, commercial, and public-sector customers, and participates in wholesale procurement and balancing activities to serve end users. Its offering typically includes fixed- and variable-price contracts and options for electricity sourced from renewables, along with customer service and billing solutions. The company’s activities support energy supply needs across a broad range of industries, including energy-intensive sectors relevant to the chemical value chain.
Q1: E&P +9% to 1.8 mln boe/d; ~1bn boe discovered; FY CFFO raised to €13.8bn; Plenitude demerger, Acea adds clients to reach 11m; Enilive FIDs two biorefineries; proforma gearing 15%
100% of an energy retail arm and 50% of a regional supplier acquired; adds 1.2M customers. Vulnerable customers excluded. Price ~€500M plus up to €100M earn‑out to 30/06/2027.
Consistent strategy: strong E&P project pipeline driving 3-4% production growth to 2030, self-funding Transition units, CFFO rising to €17bn, €40-45bn FCF 2026-30, lower gearing and higher payouts.
Strong Q4 results with 35% net income growth. Major projects launched, production up 7%. LNG expansion, biofuels growth, and strategic partnerships enhance resilience and shareholder returns.
Plenitude acquires ACEA Energia for up to €587M, adding 1.4M customers. An extra €100M depends on performance. Completion by June 2026, pending Antitrust approval.
