31 Facts About Enel

Enel is the 73rd largest company in the world by revenue, with €88 billion in 2021.

Enel is quoted on the FTSE MIB index on the Milan Stock Exchange.

In 1967, Enel, which was originally supervised by the Committee of Ministers, began to be overseen by the inter-ministerial Committee for Economic Planning, under the Ministry of Industry.

In 1981, with the help of the European Economic Community, Enel built the first large scale compact linear Fresnel reflector concentrated solar power plant, the 1 MWe Eurelios power station in Adrano .

In 1986, Enel had its first positive balance, with a profit of 14.

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In 2000, Enel signed an agreement with the Italian Ministry of the Environment and the Ministry of Economic Development in which the company committed to reduce carbon dioxide emissions by 13.

In 2008, Enel formed Enel Green Power, a company dedicated to developing and managing the production of power from renewable energy.

In 2009, Enel launched the Archilede project, a new urban lighting system chosen by 1600 municipalities.

In 2002, Enel divested Eurogen SpA, Elettrogen SpA, and Interpower SpA in compliance with the Bersani Decree provisions on the liberalization of electricity production.

In 2001, Enel acquired Infostrada—previously a subsidiary of Vodafone, at a cost of 7.

In 2011, Enel opened the first pilot carbon dioxide–capture facility in Italy, in the area of Brindisi, in the existing power plant ENEL Federico II.

That year, Enel Distribuzione built its first Smart grid in Isernia, a grid capable of effectively adjusting the two-way flow of electricity generated from renewable sources.

Also in 2011, Enel became part of the United Nations Global Compact, a United Nations initiative to encourage businesses to adopt sustainable policies worldwide, and signed a cooperation framework agreement with the World Food Programme, to fight against world hunger and climate change.

In 2014 and 2015, Enel was included in the STOXX Global ESG Governance Leaders index, an index that measures a company's environmental, social, and governance practices.

Enel took part in Expo 2015 in Milan as an Official Global Partner.

In January 2016, Enel launched the “Open Power” brand, which presented the company with a new visual identity and a new logo.

In July 2016, Enel launched an Innovation Hub in Tel Aviv to scout 20 start-ups and foster collaboration, while offering a personalized support programme.

In March 2017, Enel inaugurated the Innovation Hub at University of California, Berkeley, an initiative for start-up scouting and collaboration development.

In May 2017, Enel launched E-solutions, a new global business line to explore new technologies, as well as to develop innovative products and digital solutions.

In July 2017, Enel joined Formula E for the first zero-emission event in the championship's history in New York.

In September 2017, Enel ranked 20th in Fortune's 2017 “Change the World” list and became one of the top 50 companies in the world – and the only Italian company – to have a positive social impact through business activities.

In November 2017, Enel presented E-Mobility Revolution, a plan which seeks to install 7000 recharging stations for electric vehicles by 2020.

In January 2018, Enel was confirmed for the tenth time in the ECPI Sustainability Index series.

In February 2018, Enel became title sponsor of the FIM MotoE World Cup, as well as Sustainable Power Partner of the MotoGP.

In May 2018, Enel became a partner of the Osmose project for the development of integrated systems and services in the renewable energy industry.

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In May 2018, Enel won the final round of the tender offer for the acquisition of Eletropaulo.

Enel had to exit the El Salvador electricity market after a long dispute with the Government of El Salvador.

Enel produces electricity from a number of energy sources including geothermal, wind power, solar power, hydroelectric power, thermal, and nuclear power.

Enel is engaged in research and development activities for the production and transmission of electricity.

Enel is headquartered in Rome and has been listed on the Milan stock exchange since 1999.

Enel is the largest energy company in Europe by number of customers and the second by capacity, after EdF.