Factbox: Enel Green Power gets ready for share sale
(Reuters) - Enel (ENEI.MI), Europe's most indebted utility, plans to sell a minority stake in its renewable arm in what may be Europe's biggest initial public offering IPO this year or via a private sale later in the autumn. <ID:LDE67T15W>
Following are some facts about Enel Green Power (EGP) and its main rivals provided by companies and Reuters:
* GLOBAL REACH:
EGP, founded in December 2008, has a total installed capacity of 5,761 megawatts (MW) and operates more than 600 plants in 16 countries producing electricity from water, sun, wind, geothermal sources and biomass.
Italy and Europe excluding Iberia account for 50 percent of its installed capacity, Iberia and Latin America account for 36 percent and North America for 14 percent.
* GROWTH TARGETS:
EGP plans to invest 5.1 billion euros ($6.45 billion) in 2010-2014 to boost installed capacity to 9,200 MW by 2014. It targets earnings before interest, tax, depreciation and amortization (EBITDA) of 2.1 billion euros in 2014, up from 1.4 billion euro EBITDA forecast for 2011.
* GENERATION MIX:
EGP has a diversified generation mix including 44 percent of hydroelectric capacity, 41 percent of wind capacity, 13 percent of geothermal and 2 percent of other renewables, such as solar, biomass and co-generation at the end of June.
* MAIN RIVALS:
Spain's Iberdrola Renovables SA IBR.MC, the world's biggest wind power generator, had an installed capacity of 11,405 MW at the end of June 2010, mostly in wind generation. It plans to boost capacity to over 16,000 MW by 2012.
Spain's leading energy, water and construction group Acciona (ANA.MC) had installed power generation capacity of 7,437 MW at the end of June, including 6,230 MW of wind power.
Portugal's wind energy company EDP Renewables (EDPR.LS) had installed capacity of 6,382 MW at the end of June and another 1,317 MW under construction.
EDF Energies Nouvelles EEN.PA, the wind energy arm of France's nuclear giant EDF (EDF.PA), aims to boost its worldwide capacity to 4,200 MW by 2012. At the end of June, its wind power capacity stood at 2,806 MW and solar capacity was 142 MW.
($1=.7911 Euro)
(Reporting by Svetlana Kovalyova; Editing by Sharon Lindores)
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