Error message

  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in block_page_build() (line 271 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/modules/block/block.module).
  • Warning: Cannot use a scalar value as an array in metatag_page_build() (line 1949 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/sites/aceacsr18/modules/contrib/metatag/metatag.module).
  • Warning: Cannot use a scalar value as an array in metatag_page_build() (line 1952 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/sites/aceacsr18/modules/contrib/metatag/metatag.module).
  • Warning: Cannot use a scalar value as an array in metatag_page_build() (line 1984 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/sites/aceacsr18/modules/contrib/metatag/metatag.module).
  • Warning: Cannot use a scalar value as an array in metatag_page_build() (line 2009 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/sites/aceacsr18/modules/contrib/metatag/metatag.module).
  • Warning: Cannot use a scalar value as an array in ctools_page_alter() (line 814 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/sites/aceacsr18/modules/contrib/ctools/ctools.module).
  • Warning: Invalid argument supplied for foreach() in element_children() (line 6608 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/includes/common.inc).
  • Warning: Cannot use a scalar value as an array in drupal_render() (line 6065 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/includes/common.inc).
  • Warning: Cannot use a scalar value as an array in drupal_render() (line 6120 of /var/www/installazioni_bilanci/acea/aceacsr18-drupal-7.64-2019-03-12T12.54/includes/common.inc).

Agency ratings

Table no. 43 - RATING 2018

agencylong-term ratingshort-term ratingoutlook
Moody’sBaa2 stable
FitchBBB+F2stable

Moody’s has confirmed its Baa2 rating. The confirmation of the outlook is mainly due to the following reasons: the business mix primarily focused on regulated activities with limited exposure to price and volume risk; the Strategic Plan focused
on regulated activities likely to ensure financial flexibility.

Fitch confirmed Acea’s rating. The confirmation reflects Acea’s strategic focus on regulated businesses, the positive operating performance and solid prospects thanks to the stability of the regulatory framework in Italy. This assessment also takes into account the growth of investments in the Industrial Plan.