Enel

History

Enel (the Ente Nazionale per l'Energia Elettrica - National Electricity Board) was formed in 1962 in Italy. Previously an agency, Enel became a joint-stock company in 1992. From 1993 to 2002, the company pursued a diversification strategy and developed new lines of business. The company undertook internal reorganization and was converted into an industrial holding company. Today, Enel is Italy's largest power company, and the third-largest listed utility for market capitalization in Europe.

Mission

The mission of Enel is to be the most efficient, market-driven, quality-focused provider of power and gas, creating value for their customers and shareholders.

Area of Operation

• Production, generation, distribution and sale of electricity
• Distribution and sale of natural gas

Key Statistics

• Enel holds assets of $92.44 billion.
• Enel made profits of $3.67 billion in 2006.
• Enel operates in Europe, North America and South America, and employs 61,898 people.

Organization

The organizational chart of Enel appears below:

• Board of Directors
• Chairman
• CEO and General Manager
• Corporate Activities
• Generation and Energy Management
• Market
• Infrastructures and Network
• International

International Ranking

• Enel ranks 78 in the world according to Forbes Magazine and 132nd on the Fortune Global 500 list.

Recent Acquisition

• In Bulgaria, Enel acquired control of Maritza East III in March 2003.
• In Romania, Enel acquired 51% of two electricity distribution companies in June 2004: Electrica Banat and Electrica Dobrogea.
• In Slovakia, Enel acquired 66% of Slovenske Elektrarne (SE) in February 2005.

Headquarter Address

137 Viale Regina Margherita
I-00198 Roma
Italy
Phone: 39-06-8305-1