AceaElectrabel SPA (AceaElectrabel) is engaged in generation and distribution of electricity. The company is also engaged in distribution of natural gas. It was formed as a joint venture between two leading companies, Acea Spa and Electrabel SA. The company comprises a group of operating companies following the vertically integrated energy business model. This includes AceaElectrabel Holding, for setting strategic planning and broad lines of development of the Group; AceaElectrabel Production, responsible for power generation from both fossil fuel and renewable sources; AceaElectrabel Trading, manages the sale and trading of wholesale electricity and natural gas; and AceaElectrabel Elettricitaa S.p.A. is engaged in supplying power and natural gas in the open market. The company owns and operates power generating facilities with an installed capacity of 1,800 MW. AceaElectrabel provides power and natural gas to over 150,000 residential, commercial, small and large businesses. It is headquartered in Rome, Italy.