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Home > Company Index > Utilities > Independent Power Producers & Marketers > Societa Nordelettrica SpA - Sondel

Societa Nordelettrica SpA - Sondel
 NEWS FROM THE WIRES
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
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
AEM S.p.A. (AEM)
Edison S.p.A. (EDS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 528.40
1-Yr. Sales Growth: 47.7%

 KEY PEOPLE
• Giordano Serena
    CEO
• A. Pisana
    CFO

 CONTACT INFO
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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