Gas prices have become the new benchmark for inflation risks, even more so than oil prices. This is especially true as a winter with declining inventories approaches. Stock market: here are the energy companies...
Enel's Spanish subsidiary reports a 20% increase in EBITDA to 3,2 billion euros and raises its 2026 ordinary net profit target after solid first-half results.
The Italian manager, currently Global Director of Networks and Innovation at the Enel Group, will lead the Spanish utility after 12 years of leadership by José Bogas, who will remain with the group as an external advisor.
The Spanish utility is dealing with a market that is returning to normal levels after last year's peaks with prices down by 53%
According to El Confidencial Repsol would be interested in Endesa, but Enel denies any sale hypothesis: "It is a fundamental asset, there has never been any meeting"
With an investment of 65 million euros, Endesa, a subsidiary of Enel, is launching a plan in Spain that provides for the installation of 100 private charging stations and 8.500 public charging stations in the period 2019-2023
The Spanish company 70% controlled by Enel has communicated its financial results for 2017. Ebitda is up, profiting at 1,463 billion euros. Debt increases by 1%, proposed dividend per share of 1,382 euros
The electric group won the tender through Egp Enedesa. In total it is 399 Mw installed.
Enel's Spanish subsidiary paid for the exceptional increase in electricity demand and production costs in the first weeks of the year. The 100% consolidation of Enel Green Power Espana also had an impact, but - explains the CEO Josè…
Expectations are growing for the ECB meeting on Thursday and the European stock markets are slowing down in the middle of the day. In Piazza Affari the morning conditioned by rumors about the possible sale of Endesa: Enel deflates after the dry denial. With Fiat Chrysler…
The rumors come from Spain. The newspaper El Confidencial reports meetings between CVC, Blackstone and KKR with the president of the Spanish utility 70% controlled by the Italian electricity group after the 2007 takeover. Enel however denies "any indiscretion, it is…
Profit was down but Enel's Spanish subsidiary was satisfied with its 2015 performance, considering that the after-tax profit of its operations in Spain and Portugal rose by 15,6% against a demand for…
Also for 2015 and 2016 the ordinary dividend will be distributed equal to 100% of the net profit pertaining to the group, but in this case on condition that this amount is higher than the application of a minimum increase of 5% with respect to…
Enel's Spanish subsidiary recorded results in line with those of the previous year, despite the sale of the Latin American operations to the parent company - Adjusted profit up 62,7% year-on-year - The shareholders' meeting convened on December 18…
The Spanish company controlled by Enel closed 2014 with a net profit up by 77,6% due to the sale of the activities in Latin America to the parent company. But Ebitda decreased by 3,9%.
The board of directors of the energy company has approved the increase of the capital threshold for the placement of the Spanish subsidiary: here are the terms of the operation.
The quota intended for institutional investors (equal to 85% of the 22% on sale) has already been reserved, but the company does not seem willing to close the offer early, which will end on November 20th.
The electric giant proceeds towards the reduction of its debt, by selling its stakes in SE Hydropower and in Sf Energy - Endesa's public offer is underway today: the proceeds could exceed 3 billion euros.
After the announcement of the offer, the share on the stock market increases. Collection estimated between 2,6 and 3,3 billion. Starace: "It is crucial to put a hand on activities in Latin America. The Mediterranean is a decisive area. In Italy, the plants in Genoa, Bari and Livorno have no future". With…
On the agenda of the extraordinary shareholders' meeting of the Spanish company, 92% controlled by Enel, the green light for the acquisition of all the Latin American assets under Enel's control. The distribution of the extraordinary dividend of 8,25 billion will also be approved for…
The Spanish company of the Italian group has given the go-ahead for the payment of a further extraordinary dividend in cash to the benefit of the parent company for a total amount of 6,3 billion euros - Enel shares bucking the trend on the FTSE…
The Spanish Endesa has approved in the Board of Directors the sale of 60,62% of the Chilean Enersis to Enel The important stake will be taken over by Enel - The Italian company, in turn, already owns 92,06% of Endesa.
The Italian electricity giant is working on the sale of 17% of its Iberian subsidiary, through a public offer - At current values, the price of the share sold would be around 3,7 billion euros - The stock is on the stock market.
The Spanish-South American plan will result in the purchase by Enel (which owns 92,06% of Endesa) of the 60,62% held by Endesa in the Chilean Enersis, leader of the activities in Latin America.
To control Endesa and consolidate it in Enel's financial statements, it is sufficient to hold a 50% stake - Raising cash to be reinvested elsewhere is therefore lawful, as well as strategically valid - But where? The Iberian newspaper Abc says that the Renzi government…
The Spanish electricity giant and controlled by the Italian Enel, has accused a contraction of the net income for the year of 8% to 1,88 billion euros.