Enel Analysis
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas.
Enel, which originally stood for National Board for Electricity (Ente nazionale per l'energia elettrica), was first established as a public body at the end of 1962, and then transformed into a limited company in 1992.[6] In 1999, following the liberalization of the electricity market in Italy, Enel was privatized.
The Italian state, through the Ministry of Economy and Finance, is still the main shareholder, with 23.6% of the share capital as of 1 April 2016. Enel is the 84th largest company in the world by revenue, with €74.64 billion in 2019. As of 2019, Enel had a stock market capitalization of €58 billion, making it Europe's largest utility by capitalization. As of 2018, Enel is also the second largest power company in the world by revenue after the State Grid Corporation of China.
Enel Societa Per Azioni is engaged in the generation and sale of electricity through its Generation, Energy Management and Sales Italy Division. Co. is also engaged in the distribution of electricity (Enel Distribuzione) and public and artistic lighting (Enel Sole) in Italy through its Infrastructure and Networks Division. Co.'s Iberia and Latin America Division coordinates Co.'s operations in the electricity and gas markets in Spain, Portugal and Latin America. Co.'s Engineering and Research Division manages the engineering processes related to the development and construction of power plants. Co.'s other divisions are the International Division as well as the Renewable Energy Division.
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