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Enel SpA (ENEI.MI)

ENEI.MI on Milan Stock Exchange

4.34EUR
11:37am EDT
Change (% chg)

€0.03 (+0.70%)
Prev Close
€4.31
Open
€4.31
Day's High
€4.35
Day's Low
€4.31
Volume
41,198,204
Avg. Vol
40,635,829
52-wk High
€4.35
52-wk Low
€3.54

Latest Key Developments (Source: Significant Developments)

Enel shares down 1.2 pct after full-year results
Friday, 17 Mar 2017 04:09am EDT 

Italy's biggest utility Enel: shares in the company fall 1.2 percent in early trade after full-year results came in line with expectations . the group raised its dividend on Friday and confirmed targets for the year after posting a 12.3 percent rise in net profits for 2016.[nI6N1GT000] Further company coverage: [ENEI.MI] (Reporting by Milan newsroom).  Full Article

Enel CEO sees M&A opportunities in Europe after French, German elections
Friday, 17 Mar 2017 03:40am EDT 

Enel CEO Francesco Starace says: sees potential merger and acquisition (M&A) opportunities in Europe after the French and German elections . does not expect an impact on the growth of renewable energy business in the U.S. over the next 2-3 years after Trump's appointment as PresidentFurther company coverage: [ENEI.MI] (Reporting by Milan newsroom).  Full Article

Enel Russia FY 2016 net result turns to profit of RUB 4.39 bln
Thursday, 16 Mar 2017 08:00am EDT 

Enel Russia : FY 2016 net profit 4.39 billion roubles ($75.73 million) versus loss of 48.6 billion roubles year ago . FY 2016 revenue 72.21 billion roubles versus 70.99 billion roubles year ago . FY 2016 EBITDA 13.91 billion roubles versus 10.82 billion roubles year ago .Says net debt at the end of 2016 of 20.35 billion roubles, down 17.1 percent compared to end of 2015.  Full Article

Endesa chairman says hasn't met any investors for sale of group
Wednesday, 8 Mar 2017 09:30am EST 

Borja Prado, chairman of Enel's Spanish unit Endesa, says in an emailed comment: Never met with any investment funds nor their advisers over a possible sale of the group . Spanish paper El Confidencial reported on Wednesday that CVC, Blackstone and KKR were interested in acquiring Enel's stake in Endesa, valued at 15 billion euros. [nL5N1GL1OT] Further company coverage: [ENEI.MI] [ELE.MC] (Reporting by Milan newsroom).  Full Article

Enel Russia 2016 net power output 41,062 GWh, down 2.4% YR/YR
Friday, 27 Jan 2017 04:14am EST 

Enel Russia : 2016 net power output 41,062 GWh versus 42,090 GWh year ago . 2016 power sales 47,325 GWh versus 48,365 GWh year ago . 2016 heat sales 5.581 million Gcal versus 5.622 million Gcal year ago Further company coverage: [ENRU.MM] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Enel signs agreement with Saudi Electricity Company on power distribution
Wednesday, 11 Jan 2017 06:15am EST 

Italy's biggest utility Enel says: signs framework agreement with Saudi Electricity Company (SEC) to cooperate in power distribution sector . two companies will share strategic knowledge on latest network technologies . agreement will introduce roadmap aimed at digitizing distribution grids and improving energy efficiency . Enel and SEC will evaluate further areas of cooperation in the power distribution sector Further company coverage: [ENEI.MI] (Reporting by Milan newsroom).  Full Article

Enel still in talks with F2i on option to buy stake in broadband
Tuesday, 20 Dec 2016 11:34am EST 

Italy's biggest utility Enel says: ultrafast broadband company OpEn Fiber completes acquisition from F2i infrastructure fund of broadband company Metroweb for about 714 million euros .talks with F2i to exercise an option to buy back a stake in OpEn Fiber continue.  Full Article

Endesa buys telecommunication business from Enel Iberoamerica for 246 mln euros
Tuesday, 20 Dec 2016 02:14am EST 

Endesa SA : Buys from Enel Iberoamerica its systems and telecommunication business for 246 million euros ($256 million) .Expects to close the operation before Dec. 31, 2016.  Full Article

Enel CEO says expects no impact from Italy referendum on broadband growth
Tuesday, 22 Nov 2016 09:20am EST 

Enel Spa : Enel ceo starace says no interest whatsoever in selling endesa . Enel ceo starace says company has received unsolicited offers to buy enel russia . Enel ceo starace says expects no impact on roll out of broadband in case of 'no' vote in referendum Further company coverage: [ENEI.MI] (Reporting by Karolin Schaps in London) ((karolin.schaps@thomsonreuters.com)(+44 (0) 207 542 6622)(Reuters Messaging: karolin.schaps.reuters.com@reuters.net)).  Full Article

Enel CEO says no major energy policy issues at stake in referendum
Tuesday, 22 Nov 2016 05:34am EST 

Enel: CEO says in conference call on business plan he does not see major energy policy issues at stake in December 4 referendum on constitutional change . CEO says power distribution assets is most logical way forward for M&A . CEO says there is a little bit of uncertainty on M&A assets in the UK due to uncertainties caused by Brexit . CFO says assumption in business plan is for 1 billion euros of minority buybacks and 1 billion euros of share buyback Further company coverage: [ENEI.MI] (Reporting by Milan newsroom).  Full Article

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UPDATE 1-Telecom Italia looking for partner for new broadband unit

MILAN, March 23 Telecom Italia is looking for a partner to help fund its broadband business in non-economically viable areas of Italy as it gears up to compete with utility giant Enel.