A2A

For other uses, see A2A (disambiguation).
A2A S.p.A.
Società per azioni
Traded as BIT: A2A
Industry Utilities
Founded 1 January 2008
Headquarters Brescia, Italy
Key people
Vittorio Cinquini(Deputy CEO), Graziano Tarantini (Chairman of the supervisory board)
Services Gas and electricity distribution, water distribution and treatment, waste management
Revenue €6.041 billion (2010)[1]
€498 million (2010)[1]
Profit €308 million (2010)[1]
Total assets €12.36 billion (end 2010)[1]
Total equity €4.845 billion (end 2010)[1]
Number of employees
12,170 (end 2010)[1]
Website www.a2a.eu

A2A S.p.A. is an Italian utility company born out of the merger of two independent Italian companies, AEM (Azienda Energetica Municipale) of Milan and ASM Brescia (Azienda dei Servizi Municipalizzati) at the end of 2007. It is the first Italian operator in the private urban waste sector to work 24 hours for an energy production of 1.5 TWh. It is the third largest company in Italy in the production and distribution of electricity. The A2A Group is listed on the Borsa Italiana and is a member of the FTSE MIB index. As well as Italy, the firm operates in Spain, France, England and Montenegro.

Areas of activity

The A2A Spa Group is mainly active in the following sectors:

Activities are organised in four “distribution chains”:

The activity is aimed at the wholesale and retail market of electrical energy and natural gas. Support to the marketing areas is guaranteed by activities of fuel supply, the programming and system control of electrical energy generating plants, the optimisation of portfolio and trading in the domestic and foreign markets

The activity is principally aimed at the sale of heating and electricity produced by cogeneration plants (mostly belonging to the Group). The sale of cogenerated heat is effected by means of district heating networks. The distribution chain guarantees too the service of managing heating plant property of third parties (heat management service) and activities of facility management.

The activity relates to the whole cycle of waste handling, from the collection and refuse sweeping to the treatment, disposal, and recouping of material and energy. Included in fact within the activity of this distribution chain is the recouping of energy content in waste by means of waste to energy or biogas plants.

The activity includes the techno-operating management of networks of transmission and distribution of electrical energy, transport and distribution of natural gas and the handling of the entire Integrated Water Cycle (Water collection, management of aqueducts, water distribution, management of sewage networks, purification).

The Corporate Services comprise the activities of consultancy, strategic policy, co-ordination and control of industrial management, as well as services to support business and operating activities (e.g. services of administration and accounting, financial, legal, supply, personnel management, information technology, communication etc.). Other Services comprise activities relating to public lighting, equipment for traffic control, video surveillance and the management of votive lamps.

Other areas of interest

Principal stages in the birth of A2A

01.01.2008 Start up of A2A Spa

24.12.2007 Drawing up of separation proceedings of AMSA and the merger proceedings of AMSA with AEM and of ASM with AEM

19.12.2007 Antitrust Authorisation

22.10.2007 Approval of the project by Extraordinary Meeting of ASM and AEM

23.07.2007 Approval of the Milan Municipal Council

27.06.2007 Approval of the Brescia Municipal Council

25.06.2007 Board of Directors of AEM, ASM, AMSA to approve the merger plans

04.06.2007 Signing of Agreement with Milan and Brescia Municipalities

04.06.2007 Board of Directors of AEM, ASM, AMSA to approve the Framework Agreement

18.12.2006 Board of Directors of AEM, ASM, to approve the Industrial Plan relating to company integration

Corporate governance

The company is governed via a two-tier board structure, comprising a management board and an independent supervisory board.

The supervisory board is composed of 15 directors, of whom 6 are appointed directly by the Brescia Municipality, 6 by the Milan Municipality and the remaining three by a vote from the list of the remaining shareholders. The current chairman and vice-chairman of the supervisory board are Graziano Tarantini and Rosario Bifulco.

The management board is composed of 8 directors appointed by the supervisory board, on the basis of lists supplied by the supervisory directors. The chairman and vice-chairman of the management board are Giuliano Zuccoli and Vittorio Cinquini.

e-moving

Zero Impact, many advantages. The A2A project for electric vehicles for the sustainable city

The project for electric vehicles “E-Moving” has been presented at Palazzo Marino, the Headquarters of the Milan Municipality.

The pilot phase will start in June 2010 in the cities of Milan and Brescia and will continue for a year.

The two Lombardy cities are vying to become the “reference cities” for electric transport in Italy, starting first of all with the development of a structured, complete and avant-garde electrical recharging network.

The recharging infrastructure, whose installation by A2A in the cities of Milan and Brescia will commence in May, will be developed to carry out two recharging methods:

The electrical energy supplied by A2A for recharging electric vehicles will derive significantly from renewable sources, this being a useful factor in pursuing an objective of a complete zero emission cycle.

The vehicles that will be involved in the “E-MOVING” pilot scheme are two of the four comprising the Renault-Nissan Zero Emission range that will come onto the market as from 2011.

The Renault-Nissan Alliance and A2A will work together to offer customers a wide range of commercial solutions for the purchase or the hire of Renault and Nissan zero emission vehicles and for the supply of electrical energy at a flat rate or based on consumption

Major shareholders

Sources

Notes

  1. 1 2 3 4 5 6 "Annual Report 2010" (PDF). A2A. Retrieved 17 November 2011.

External links

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