Enel

History

Enel (the Ente Nazionale per l'Energia Elettrica – National Electricity Board) was formed in 1962. From 1960s to 1980s, Enel reached new milestones in electricity and also developed new solutions for energy. In 1992, Enel became a joint-stock company from an agency. In the period 1993 to 2002, the company pursued a diversification strategy and developed new lines of business, prompted by the liberalization. The company undertook internal reorganization and was converted into an industrial holding company. Now-a-days, 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, shareholders and people.

Area of Operation

The businesses of Enel are:

• Production, generation, distribution and sell of electricity
• Distribution and Vend of natural gas

Key Statistics

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

Organization

The organization chart of Enel is presented as follows:

• 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 list.
• Enel ranks 132 in 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, in February 2005, Enel acquired 66% of Slovenske Elektrarne (SE)

Headquarter Address

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