Enel

Stassis: We estimate a 10% increase in energy demand in Romania by 2030

Energy demand will increase in Romania by 10% by 2030 and the same will happen, for the most part, throughout…

E-Distribution Muntenia was renamed Rețele Electrice Muntenia (P)

Rețele Electrice Muntenia, part of the PPC Group (formerly known as E-Distribuție Muntenia) is the new name of the company…

Competition analyzes possible obstacles in the way of moving consumers to more attractive suppliers

The Competition Council is analyzing alleged obstacles that energy operators would put in the way of consumers moving to more…

Enel: Companies in the group pay particular attention to compliance with competition legislation

The Enel companies pay special attention to compliance with the legislation in the field of competition and carry out their…

PPC’s growth strategy following the takeover of Enel Romania

One of the biggest transactions in the last decades – the acquisition of Enel Romania by Public Power Corporation (PPC)…

Enel sells 50% of Greek green energy subsidiary to Macquarie

Enel, through its wholly owned subsidiary Enel Green Power, has signed an agreement with Macquarie Asset Management, through Macquarie Green…

E-Distribuție Muntenia looks for suppliers for concrete pillars worth 21 mln. lei

E-Distribuție Muntenia, the electricity distribution operator in Bucharest and in Ilfov and Giurgiu counties, part of the Enel Group, has…

Enel: New board appoints Flavio Cattaneo as CEO and general manager

The Board of Directors of Enel, appointed by the ordinary Shareholders’ Meeting on May 10th, 2023, meeting for the first…

Norway’s sovereign fund will vote against the appointment of Paolo Scaroni as Enel’s president

Norway’s sovereign investment fund announced on Friday that it will vote against the appointment of Italian businessman Paolo Scaroni as…

Flavio Cattaneo, proposed for the position of general manager of the Enel Group

Italian Government led by PM Giorgia Meloni proposed on Wednesday evening Flavio Cattaneo for the post of general director at…

EY: Enel-PPC deal, the most important of 2023

The Romanian mergers and acquisitions (M&A) market recorded 57 transactions in the first three months of 2023, representing a repeat…

PPC: The takeover of Enel assets in Romania received positive feedback from Fitch and S&P

The agreement to take over Enel assets in Romania by PPC received positive feedback from Fitch and S&P, informs the…

Enel: EBITDA of 19.7 bln. euro, up 2.5%, dividends up 5.3%

Enel Group announced an ordinary EBITDA of 19.68 billion euros in 2022 (19,210 million euros in 2021, +2.5%), exceeding Group…

Enel remains in Romania with only one energy trading company

The recently sealed deal whereby Greece’s largest energy company, Public Power Corporation (PPC), takes over the Romanian electricity production, supply…

ENEL sells its Romanian assets to PPC for 1.26 bln. euro

Enel has signed today with Greek company Public Power Corporation S.A. (PPC) the agreement for the sale of all the…

Greece’s PPC buys Enel Romania in a deal valued at 1.9 billion euros

Enel Spa, Italy’s largest utility, will sell its Romanian operations to Greece’s Public Power Corp (PPC) for 1.26 billion euros…

EC welcomes Enel’s donation of 3Sun solar PV panels to Ukraine

By launching the project “Ray of hope” with Enel, the European Commission is taking a first step as part of…

E-Distribuție invested over 106 mln. lei in 2022 in the modernization of power grids

E-Distribuție companies, the electricity distribution operators within the Enel Group, invested in 2022 approximately 106 million lei from their own…

FP: Net profit of around 2.8 bln. lei in 2022, shares yield of 12%

Fondul Proprietatea recorded an audited net profit of RON 2,769,448,871 for the financial year ended 31 December 2022. The main…

E-Distribuție Muntenia invested over 4.7 mln. lei in upgrading the Glina substation