Fitch confirms CVA at BBB+; Outlook Stable

On 26th September 2022 Fitch Ratings has affirmed Italian utility company Compagnia Valdostana delle Acque S.p.A. a s. u’s (CVA) Long-Term Issuer Default Rating (IDR) at 'BBB+' with Stable Outlook and senior Unsecured rating BBB+.

CVA SPA no longer submitted to Madia Law

The conversion law n. 91 of the decree-law "Aid" exempts energy companies holding listed bonds on 31st December 2021 from the provisions of “Testo Unico sulle società participate” known as “Madia Law”. CVA spa falls under the case law.

Partnership CVA - Unicredit for a corporate PPA

UniCredit signs a partnership with CVA as the first bank in Italy to commit to a direct corporate PPA with a green power producer.

Ordinary Meeting of the CVA Shareholders

The Shareholder’s meeting of Compagnia Valdostana delle Acque examined and approved the financial statements for the year 2021, appointed the new Company Bodies and takes note of the Non-Financial Declaration 2021.

CVA Group: Consolidated Financial Statements as at 31 December 2021

CVA Board of Directors’ meeting, examined and approved the preliminary separate financial statements and the consolidated financial report for the year ended 31 December 2021. The results show a significant improvement of the Group’s economic and financial standing, and confirm its excellent performance in economic, operational and sustainability terms.

Establishment of Agreen Energy Srl

The new company of CVA Group.