ENEL
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Government Cancels EUR51M Risk Coverage Guarantee For Enel-Electrica Deals
The Romanian government has decided to cancel a EUR51 million risk coverage guarantee in favor of Italian utility Enel for the privatization of two Electrica branches and wire the funds to t...
Richest Energy Companies In Romania Have EUR1.5B In Their Accounts
Privatized energy distributors have in the past few years become some of the richest companies in Romania, with their profit margins climbing to over 20%, compared with margins of under 5% i...
Enel Completes EUR2M Upgrades At Danube Delta Station
Romanian electricity distributor Enel on Tuesday said it has completed a EUR2 million investment in upgrades at a Danube Delta power station, within a network upgrade program for the regions...
Enel Deplores EUR187M-And-Rising Debt Owed By CFR
The debt owed by Romanian state-owned railway operator CFR to electricity distributor Enel stands at EUR187 million, Thursday said Enel Romania general manager Luca d'Agnese.
Enel, ArcelorMittal Can Double Stakes In Cernavoda Nuke Project
Italy’s utility Enel has the option to double its stake in Romanian joint venture EnergoNuclear, which was set up to build two additional reactors at the Cernavoda nuclear power plant, the h...
Enel Green Power Ups Wind Farm Capacity In Romania To 104 MW
Enel Green Power, a unit of Italy’s utility Enel, has added another 40 MW to its Romanian network, increasing total installed capacity to 104 MW, the company said in a statement Thursday.
Electrica To Sell Remaining Stakes In Enel Muntenia Units
State-run energy company Electrica plans to sell its remaining shares in power distributors Enel Energie Muntenia and Enel Distributie Muntenia and will ask Italy’s Enel to present an offer...
Enel: Romania Needs Energy Competition, Not Full Privatization
Romanian authorities need not privatize all energy companies or electricity producers, but the segment needs true competition, Friday said Luca D’Agnese, president of Enel Romania.
Two Enel Romania Units To Pay Dividend Worth A Total EUR32.5M
Two of the three electricity distributors held by Italian Enel in Romania will pay dividends worth a total EUR32.5 million, namely 60% of the net profit achieved by the companies in 2010.