Endesa

History

Endesa was founded on November 18, 1944. The group grew in the early 1990s, when a series of acquisitions occurred. Endesa became a private company in 1998. Today, Endesa is one of the leaders in Spanish electricity industry and Latin America's topmost private-sector multinational electricity utility.

Mission

The mission of Endesa is to:

To maximize the investment value of their shareholders.
To serve their markets by surpassing their customers' expectation.
To contribute to the development of their employees.

Area of Operation

The businesses of Endesa are:
Energy:

Electricity
Gas
Cogeneration and renewable energies

Other Business:

Bolonia Real Estate

Key Statistics

Endesa holds assets of $65.30 billion.
Endesa has made profits of $3.95 billion in 2006.
Endesa operates in Spain, Italy, France, Morocco, Portugal, Chile, Argentina, Colombia, Peru, Brazil, Central America/ Caribbean.
Endesa has 27,204 employees.

Organization

The governance structure includes the following Corporate Bodies:

General Shareholders’ Meeting
President
CEO
Company Secretary
Board of Directors
Director Generals
Secretaries
Executive Management Committee
Audit and Compliance Committee
Appointments and Remuneration Committee

International Ranking

Endesa ranks 141 in the world according to Forbes Magazine list.
Endesa ranks 280 in Fortune Global 500 list.

Subsidiaries

Endesa has many subsidiaries in many countries. Endesa has equity interests in several companies in the telecommunications industry and in other services that complement and contribute value to its core business.

Headquarter Address

Ribera del Loira 60
28092 Madrid
Spain
Phone: 34-91-213-1000