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Home > Company Index > Utilities > Independent Power Producers & Marketers > Societa Nordelettrica SpA - Sondel
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Societa Nordelettrica SpA - Sondel |
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NEWS FROM THE WIRES |
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Sonoco Products to buy private packaging company Aug 08 2001 05:53 AM PDT
Sonoco second-quarter earnings, sales down Jul 18 2001 06:37 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Sondel is happy to see the sun set on Italy's electric utility monopolies. Italy's #2 independent electricity generator behind Edison, Società Nordelettrica (Sondel) operates 25 hydroelectric and natural gas-fired plants. Sondel is doubling its generating capacity to some 3,000 MW by building five new plants. It also develops cogeneration and biomass power plants and sells steam, demineralized water, and industrial machinery and equipment. Through Megs and Savim (joint ventures with General Electric and ABB, respectively), Sondel manages and maintains plants in Italy and abroad, and its Protecma unit builds power plants. The Falck group, which is being acquired by Montedison, owns 78% of Sondel.
COMPETITION |
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AEM S.p.A. (AEM)
Edison S.p.A. (EDS)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 528.40
1-Yr. Sales Growth: 47.7%
KEY PEOPLE |
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Giordano Serena
CEO
A. Pisana
CFO
CONTACT INFO |
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Viale Italia 592
20099 Sesto San Giovanni Milano, Italy
Phone: 39-02-262-26838
Fax: 39-02-240-6283
Online: Web Site
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