Rome, 29 May 2014 - Fitch Ratings has today announced that it has upgraded Acea's outlook from "Negative" to "Stable", confirming its Long-Term Issuer Default Rating (IDR) and Senior Unsecured Rating of "BBB+" and Short-Term IDR of "F2".

The Agency explained its decision to upgrade the outlook was based on: (i) positive developments in the regulatory framework for the water sector; (ii) the Company's results over the last twelve months; (iii) greater visibility, over the long term, on the future of the business, the dividend policy and the Group's financial objectives, following approval of the Business Plan for the period 2014-2018

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