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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > Enel S.p.A.

Enel S.p.A.
NYSE: EN
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 PROFILE
Former Italian utility monopoly Enel is embracing competition with open arms. Enel, which provides electricity to 29 million customers, is required to divest 15,000 MW of its 57,000-MW generating capacity, transfer the national power grid to an independent operator, and turn over municipal distribution networks to local governments. Full competition is slated to begin by 2002. The company is responding by becoming a multi-utility. It owns Infostrada, Italy's #2 fixed-line operator, plus a controlling interest in Wind, a fixed-line and mobile telephony provider. Enel also has acquired a gas distributor and several water operations. The Italian government owns about 70% of Enel.

 COMPETITION
Edison S.p.A. (EDS)
Electricité de France (dossier)
Telecom Italia S.p.A. (TI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23,642.90
1-Yr. Sales Growth: 12.0%
Employees: 84,938
Revenue per employee: $278,354.80

 KEY PEOPLE
• Francesco Tatò
    CEO
• Fulvio Conti
    CFO

 CONTACT INFO
Viale Regina Margherita, 137
00198 Rome, Italy
Phone: 39-06-8509-1
Fax: 39-06-8585-7097
Online: Web Site

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