Enel
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel, which originally stood for Ente nazionale per l'energia elettrica (National Electricity Board), was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. 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.
| Company type | Società per azioni |
|---|---|
Traded as | BIT: ENEL FTSE MIB Component |
| Industry | Electric utility |
| Founded | 27 November 1962 |
| Founder | Italian government |
| Headquarters | Rome , |
Area served | Worldwide (see section) |
Key people | Paolo Scaroni (Chairman) Flavio Cattaneo (CEO) |
| Products | Electricity generation and distribution; natural gas distribution |
| Revenue | €96 billion (2023) |
| €10.8 billion (2023) | |
Net income | €3.4 billion (2023) |
| Total assets | €195.2 billion (2023) |
| Total equity | €45.1 billion (2023) |
| Owner | Government of Italy (23.58%) |
Number of employees | 61,055 (2023) |
| Website | www.enel.com |
Enel is the 59th largest company in the world by revenue, with $147,79 billion in 2023. As of 2018, Enel is also the second largest electric utility company in the world by revenue after the State Grid Corporation of China. The company is quoted on the FTSE MIB index on the Borsa Italiana.