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Created before Nov 2016
Last update: 2016-07-04 21:26:55
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Enel is Italy's largest power company and Europe's second largest according to its generating capacity. Its interests stretch beyond Italy to 40 countries on four continents. In 2012 Enel generated 38,084 MW, 31% of which from coal, 28% from renewables, 15% from gas combined cycle, 14% from nuclear and 12% from oil and gas.
Viale Regina Margherita, 137
Fulvio Conti |
The Italian Ministry of Economy holds 21.1% of the company directly and another 10.1% indirectly through state-run lender Cassa Depositi e Prestiti, leaving a free-float of some 68.8%. It is listed on the Milan Stock Exchange.
Endesa – Spain
In november 2007 there were six breaches of safety regulations at the nuclear power plant Asco 1 with radioactive leaks. For this Enel was fined 15 million euros, the highest in Spanish nuclear history.
The design for the new reactors it is building in Slovakia dates back to the 1970s and uses outdated Soviet technology without modern safety systems. The new reactors are not Slovakia's lowest cost option for electricity generation and are actively blocking renewable energy projects from taking off. In September 2009 it was revealed that Enel had put together a formal plan in Slovakia to restrict the participation of the public in a public hearing about the reactors and to achieve the lowest possible media and public attention. So much for nuclear transparency.