Enel

Enel S.p.A.
Company typeSocietà per azioni
BITENEL
FTSE MIB Component
IndustryElectric utility
Founded27 November 1962; 61 years ago (1962-11-27)
FounderItalian government
Headquarters,
Area served
Worldwide
Key people
Paolo Scaroni (Chairman)[1]
Flavio Cattaneo (CEO)[2]
ProductsElectricity generation and distribution; natural gas distribution
RevenueIncrease 96 billion (2023)[3]
€10.8 billion (2023)
€3.4 billion (2023)[4]
Total assetsIncrease €195.2 billion (2023)
Total equity€45.1 billion (2023)
OwnerMinistero dell’Economia e delle Finanze (23.6%)[5]
Number of employees
61,055 (2023)[6]
Websitewww.enel.com

Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel was first established as a public body at the end of 1962, and then transformed into a limited company in 1992.[7] In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised.[8] The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 1 April 2016.[9]

Enel is the 59th largest company in the world by revenue, with $147.79 billion in 2023.[10] As of 2018, Enel is also the second largest electric utility company in the world by revenue after the State Grid Corporation of China.[11] The company is quoted on the FTSE MIB index on the Borsa Italiana.[9]

  1. ^ "Paolo Scaroni nominato nuovo presidente dell'Enel". 10 May 2023.
  2. ^ "Enel, Flavio Cattaneo nominato amministratore delegato".
  3. ^ "Enel, l'utile sale a 6,5 miliardi «Raggiunti tutti gli obiettivi 2023»". 22 March 2024.
  4. ^ "Italy's Enel Doubles Net Profit In 2023 Even As Energy Prices Fall".
  5. ^ "Enel - Company Profile". borsaitaliana.it. borsaitaliana.it. Retrieved 25 September 2024.
  6. ^ "ENEL - Euronext Milan".
  7. ^ Roberta Jannuzzi (29 September 2006). "Storia di Enel dal 1962 ai nostri giorni". Radio Radicale. Archived from the original on 23 February 2015. Retrieved 29 January 2015.
  8. ^ "Dismissione partecipazioni dello Stato". Camera dei deputati. Retrieved 29 January 2015.
  9. ^ a b "Annual Report 2018" (PDF). www.enel.com. Enel.
  10. ^ "Global 500, Enel ed Eni guidano le italiane nella lista delle maggiori aziende al mondo - Fortune Italia". 3 August 2023.
  11. ^ Vara, Vasanthi (19 March 2019). "Top 10 power companies in the world: Ranking the largest". Power Technology. Retrieved 7 February 2020.