On February 3, 2026 Standard & Poor’s has revised to Positive from Stable the outlook on Acquirente Unico after similar action on Italy; “BBB+” long-term credit rating has been affirmed.
Standard & Poor’s believes that AU plays a critical role for the Italian government thanks to its dual mission as centralized purchaser of electricity and manager of Italy's strategic oil reserves through its operational unit OCSIT (Organismo Centrale di Stoccaggio Italiano).
In addition, according to Standard & Poor’s, AU benefits from a strong legal status that ensures the financial balance of all its operating activities.
Standard & Poor’s considers AU to be a government-related entity (GRE), and believes there is an almost certain likelihood that the Italian government would provide timely and sufficient extraordinary support to Acquirente Unico in the event of financial distress.





