Acinque S.p.A., formerly known as ACSM-AGAM S.p.A., is an Italian multi-utility company operating primarily in the northern regions of Italy, particularly Lombardy, Veneto, and Friuli. The company's business model is highly diversified across several utility and environmental segments. Its core activities encompass the sale and distribution of natural gas and electricity, as well as the management of integrated water services, including drinking water distribution and wastewater treatment.
In addition to traditional utilities, Acinque is actively involved in environmental services, offering urban hygiene, waste collection, and waste-to-energy recovery solutions. The company also operates in the district heating and cogeneration sector, providing thermal energy management and energy efficiency services. Furthermore, Acinque has expanded its portfolio to include smart city initiatives, electric mobility infrastructure, and public lighting management.
The company operates through four main business units: Sales, Networks, Environment, and Energy and Smart Technologies. Acinque is a majority state-owned group resulting from the merger of utility companies from Como, Monza, Lecco, Sondrio, and Varese, with A2A S.p.A. serving as its main shareholder and industrial partner. By integrating renewable energy generation—such as hydroelectric and photovoltaic plants—with its broad utility offerings, Acinque maintains a strong position in the regional public utility sector.
