Discover the Acea Group online 2020 Consolidated Report

The Group

Acea is one of the major Italian multiutilities, and has been quoted on the stock exchange since 1999.
Acea adopts an operational model based on an organisational layout in line with the Strategic Business Plan consolidating its role to govern, guide and control the Holding not only with the current business portfolio focused on areas of greater value, but also on the strategic development of the Group in new business segments and territories. Acea’s macrostructure is based around the corporate functions and six industrial areas – Environment, Commercial and Trading, Water, Energy Infrastructure, Engineering and Services and Overseas.

The Group structure

  • Environment
  • Commercial
  • Water
  • Infrastructures
  • Engineering
  • Overseas

The Acea Group is one of the leading national players with 1.45 million tonnes of waste processed each year. It manages the main waste-to-energy plant and the largest composting plant in Lazio. In particular, the Group develops investments in the waste to energy business, considered high potential, in accordance with the strategic goal of producing energy from waste and protecting the environment.


The Acea Group is one of the leading Italian players in the sale of electricity and offers innovative and flexible solutions for the supply of electricity and natural gas with the objective of consolidating its positioning as a dual fuel operator. It operates on the market segments of medium-sized enterprises and households with the objective of improving the quality of the services offered with particular regard to web and social channels. It supervises the Group's energy management policies.


The Acea Group is the top Italian operator in the water sector serving 9 million people. The Group manages the integrated water service in Rome and Frosinone and in the respective provinces, as well as in other parts of Lazio, in Tuscany, Umbria, Campania and Molise.


The Acea Group is a major operator in Italy with about 10 TWh of electricity distributed in Rome. The Group also manages the public and artistic lighting of the capital for a total of 224,000 lights. The Acea Group is committed to energy efficiency projects and the development of new technologies, such as smart grids and electric mobility, through particularly innovative pilot projects.


The Group has developed know-how at the forefront in the design, construction and management of integrated water systems: from the source to the pipelines, from distribution to the sewer network, and treatment. It develops applied research projects aimed at technological innovation in the water, environmental and energy sectors.


The Acea Group manages water activities in Latin America and its objective is to make the most of development opportunities in other businesses related to those already held in Italy.
It is present in Honduras, Dominican Republic, Colombia and Peru, serving approximately 4 million people. The activities are carried out in partnership with local and international partners, including through staff training and the transfer of know-how to local entrepreneurs.


Share capital

The share capital of Acea S.p.A. at 31 December 2020 was made up as follows:

*The above chart only shows equity investments of more than 3%, as confirmed by CONSOB data.

Board of Directors1

Name and SurnameRole
Michaela CastelliChairperson
Giuseppe GolaChief Executive Officer2
Alessandro CaltagironeDirector
Massimiliano Capece Minutolo Del SassoDirector
Gabriella ChiellinoDirector
Diane GalbeDirector
Giovanni GianiDirector
Liliana GodinoDirector
Giacomo LaroccaDirector

1Appointed by the Shareholders' Meeting on 29 May 2020

Board of Statutory Auditors

Name and SurnameRole
Maurizio LauriChairperson
Pina MurèRegular Auditor
Maria Francesca TalamontiRegular Auditor
Maria Federica IzzoAlternate Auditor
Mario VeneziaAlternate Auditor

Financial Reporting Manager2

Fabio Paris

Auditing Firm

PricewaterhouseCoopers S.p.A.

2 Appointed by the Board of Directors on 29 May 2020