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  • On January 1, 2011, Asm Energia e Ambiente S.r.l., Bas-Omniservizi S.r.l. and A2A Servizi al Cliente S.r.l. were merged into A2A Energia S.p.A..
    The single sales company arising from this operation concentrates on the sale of electricity and gas and the related commercial services (call centers, desks and billing). In particular, a leading operator on the national energy market has been created which has around 2 million customers (large-scale industry, SMEs, apartment blocks and domestic customers), who are mostly concentrated in the Milan metropolitan area and the provinces of Brescia and Bergamo.
    This represents a further step in the process of streamlining and corporate rationalization aimed at making the Group even more competitive on the liberalized markets. Lombardy customers will be able to continue putting their trust in quality services that are close at hand, a factor which up until now has been a “winning card” for the Group as certified by the excellent results obtained in customer satisfaction surveys and in the special league tables regularly prepared by the Electricity and Gas Authority.

  • The contribution of the “water cycle” business by the parent A2A S.p.A. and the demerger of the “ownership of the end customers of the water business of the province of Brescia” segment by A2A Energia S.p.A. (formerly Asm Energia e Ambiente S.r.l.) into A2A Ciclo Idrico S.p.A. became effective on January 1, 2011.

    More specifically, this company carries out the following activities:

    • research, production, procurement, capitation, transfer and transportation, conversion, distribution and sale of water for primary, industrial and agricultural use; 

    • collection and treatment of waste water; 

    • use and recovery of energy from the integral water cycle; 

    • management, maintenance and development of the water and sewage networks and of the plants for the capitation, potabilisation and purification of water.

  • A2A was classified as one of the Italian “2010 Carbon Performance Leaders” by the Carbon Disclosure Project, the body acting on behalf of over 500 institutional investors which for more than 10 years has been providing an analysis of the means by which the largest companies in the world counter greenhouse gas emissions.

  • On March 11, 2011, the Board of Directors of Ecodeco S.r.l., one of the companies in the A2A Group’s Environment Sector, appointed Mr. Enrico Friz as managing director of the company. The aim behind renewing the subsidiary’s top management is to consolidate the company’s development process as part of the A2A Group’s Environment Sector, with the objective of optimizing organizational and process synergies and strengthening the offer of environmental services.

  • On April 27, 2011, with Mr. Graziano Tarantini in the chair, the Supervisory Board met and approved the separate financial statements and consolidated annual financial report of the A2A Group for the year ended December 31, 2010. The Supervisory Board agreed with the proposal of the Management Board to submit for the approval of shareholders the distribution of a dividend of 0.060 euro per ordinary share, to be put into payment on June 23, 2011.

    The Supervisory Board additionally agreed with the proposal of the Management Board to submit for the approval of the shareholders the distribution of an additional non-recurring dividend of 0.036 euro per ordinary share, to be put into payment on November 24, 2011.

     

  • 3SE, a consortium set up by the British companies Shanks Waste Management and Scottish and Southern Energy, has chosen Ecodeco technology to build a waste treatment plant in Yorkshire.

    In more detail, the A2A Group company Ecodeco S.r.l. will be the supplier of the project and the technology and will build a plant which will treat the waste of the cities of Barnsley, Doncaster and Rotherham.

    The value of these supplies exceeds 26 million euro and it is envisaged that Ecodeco will also be paid royalties on the concession for the next 25 years, based on each tonne of waste treated.

    The plant will be used to treat 250,000 tonnes/year of residual solid urban waste from differentiated collection and will serve around 350,000 families. At the end of the treatment process a secondary fuel will be obtained which will be used in a multifuel plant for producing electricity. Glass, plastic and metals will be recovered by building a section for the production of compost.

    The agreement provides that the work for the construction of the plant will begin by the spring of 2013 and that the first waste will be treated in 2015.

  • On May 30, 2011, A2A S.p.A. together with Stirling Square Capital Partners, the majority shareholder of Metroweb S.p.A., signed an agreement for the sale of their shareholdings in Metroweb S.p.A. (respectively 23.5% and 76.5%) to Fondo Infrastrutturale F2i and IMI Investimenti. This transaction led to proceeds of 53 million euro for A2A S.p.A. and a capital gain of 38 million euro.

    A2A S.p.A. continues to hold a convertible bond which if the option is exercised will enable it to acquire a shareholding of up to 25% in Metroweb S.p.A. and a put option which may be exercised until November 30, 2013 under the same conditions as the transaction, increased by a financial return.

  • A2A, Casartigiani, CNA, Confagricoltura, Confapi, Confartigianato Imprese, Confcommercio Imprese per l’Italia and Confesercenti have signed an important joint settlement agreement, putting into practice the desire expressed in this respect by the AEEG - the Electricity and Gas Authority. The procedure in question will act as an out of court tool for resolving certain types of dispute which have not been settled by previous complaint procedures, and which relate to the supply of electricity and gas on both the protected and free markets and arise between business customers belonging to the Confederations and A2A Energia S.p.A., the single sales company of the A2A Group.

    A distinctive feature of the procedure is its swiftness and informality and the ease by which it may be accessed and carried out.

    The settlement procedure may be activated for disputes relating to assessments, contestations and the management of problems arising from the supply of electricity or gas, such as: the reconstruction of usage following the ascertained malfunctioning of a meter pursuant to the resolutions of the Electricity and Gas Authority; contestations relating to issues connected with the billing of usage, the management of a reduction in power or the suspension of supply for disputed payment arrears by the customer; the request for the deactivation of a meter by a customer which has not been carried out; and the management of problems connected with the issuing of bills.

    The Settlement Office is staffed by qualified operators from A2A and the Confederations who have attended specific training courses, a necessary requirement for this qualification to be recognized.

    Staff involved in managing the settlements are required to act in an impartial and neutral manner to encourage a compromise which is acceptable to both parties to be reached. Any measures being taken by A2A Energia S.p.A. to collect the receivable under dispute are suspended for the entire period of the settlement process. The introduction of the procedure at a national level will be preceded by a trial period of 12 months, at the end of which A2A and the Confederations will be entitled to check its effectiveness and agree any changes which may be needed. The aim of the agreement, which has already been tested on similar occasions, is to improve the relationship between small and medium enterprises and energy suppliers under the customer satisfaction principle.

  • On July 27, 2011, A2A S.p.A. purchased the remaining 5.05% of the share capital of Abruzzoenergia S.p.A. which was held by minority shareholders. As a result of this transaction A2A S.p.A. is now the owner of 100% of the company’s share capital.

  • The Management Board approved the consolidated half-yearly financial report at June 30, 2011 on August 3, 2011.