[WORLDKINGS] World Best Academy – Enel S.p.A (Italy): Most valuable energy company in Italy 2020

02-09-2020

(WorldKings.org) According to brandirectory.com, Enel S.p.A is the most valuable energy company in Italy 2020, with brand value of $11,799 million.

 

 

Enel S.p.A., or the Enel Group, is an Italian multinational energy company that is active in the sectors of electricity generation and distribution, as well as in the distribution of natural gas.

 

 

Enel 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 still the main shareholder, with 23.6% of the share capital as of 1 April 2016.

Enel produces electricity from a number of energy sources including geothermal, wind power, solar power, hydroelectric power, thermal, and nuclear power. In 2018, Enel generated a total of 250.3 TWh of electricity, distributed 485.4 TWh, and sold 295.4 TWh.

 

 

Enel and its subsidiaries produce and distribute electricity and gas in 30 countries around Europe, North America, South America, Asia, and Africa.

The company employs around 70,000 people, has over 60 million customers worldwide (56 million in the electricity market, and 6 million in the gas market) and a net installed generating capacity of over 89 GW. Enel is the largest energy company in Europe by number of customers and the second by capacity, after EdF,  is a French multinational electri utility company, largely owned by the French state. 

 

 

Enel is the 89th largest company in the world by revenue, with $89 billion in 2019. As of 2019, Enel had a stock market capitalisation of $58 billion, making it Europe's largest utility by capitalisation. As of 2018, Enel is also the second largest power company in the world by revenue after the State Grid Corporation of China.

According to brandirectory.com, Enel S.p.A is the most valuable energy company in Italy 2020, with brand value of $11,799 million.

 

According to brandirectory.com and en.wikipedia

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