ENEL
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Enel Sees RON503M Profit From Electricity Distribution In Romania
Italy’s utility Enel estimates its electricity distribution subsidiaries in Romania will post an aggregate net profit of 503 million lei (EUR116 million) in 2013, up 7.5% on the year.
Enel To Invest EUR80M In Solar Power Projects After Investing EUR500M In Wind Farms
Enel Green Power (EGP), the renewable energy division of Italian utilities group Enel, intends to enter the Romanian solar energy sector and develop farms with a total capacity of 55 MW betw...
Enel Romania: Households Face Higher Electricity Bills, Small Companies To Pay Less
Romania’s planned deregulation of electricity tariffs will lead to higher costs for household consumers, but the duration of the process will make the impact less severe, the head of utility...
Enel Romania 2012 EBITDA Rises To EUR231M
Enel Romania Wednesday said its earnings before interest, taxes, depreciation and amortization, or EBITDA, rose 12.6% on the year to EUR231 million in 2012, fueled by higher revenues.
Enel Invested Over EUR650M In Romanian Wind Energy In Three Years
Italian group Enel, which has become the largest private energy distributor in Romania following privatizations, reached investments of over EUR650 million in wind farms on the Romanian mark...
Enel Romania Urges For Decision On Cernavoda Nuke Project
Romania should decide this year whether it wants to continue its project to build two new reactors at the nuclear power plant in Cernavoda, in which Italy’s utility Enel holds a minority int...
Enel: Romania Must Balance Investment, Power Generation Strategies
Romania must find a balance between energy investment and its not too profitable power generation industry, the head of utility company ENEL Romania said Wednesday.
Electrica In EUR250M War With CEZ, Enel And E.ON Over Privatizations
The Romanian state, through Electrica, is seeking justice in Paris in matters concerning European energy giants’ non-compliance with clauses in the privatization contracts.
Elcomex Starts Goat Farm After Sale Of Wind Farm To Enel
Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business.