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Enel SpA (ENEI.F)

ENEI.F on Frankfurt Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Enel buys EnerNOC for about $250 million
Thursday, 22 Jun 2017 09:48am EDT 

June 22 (Reuters) - Italian utility Enel says :Enel Green Power North America (EGPNA) agrees to buy whole of U.S.- based EnerNOC for about $250 million.under the agreement EGPNA will launch a tender offer for 100 pct of EnerNOC shares at price of $7.67 per share, representing 42 pct premium to company's closing price on June 21.expects to close deal by Q3 2017,.will delist EnerNOC.Further company coverage: ENEI.MI.  Full Article

Telecom Italia CEO says law needed if state wants to nationalise network
Wednesday, 21 Jun 2017 09:31am EDT 

June 21 (Reuters) - Telecom Italia CEO Flavio Cattaneo says in a parliamentary hearing::parliament needs to pass a law if it wants to nationalise Telecom Italia's Sparkle unit.network is not for sale, it's a strategic asset.if state wants to nationalise network then it will have to pass a law.will not comment on network's value since not for sale, "I could tell you 20-25 billion euros" but it would be just a number.Further company coverage: TLIT.MI.  Full Article

Italy govt to summon Telecom Italia execs to discuss ultrafast broadband plans
Monday, 19 Jun 2017 10:30am EDT 

June 19 (Reuters) - Italy Industry Ministry says::will summon Telecom Italia management to discuss ultra-fast broadband plans.tells Telecom Italia it needs to respect legal commitments and rules set by European Commission for broadband investments in non-economic viable areas .  Full Article

Enel Russia may pay special dividends following sale of Reftinskaya GRES
Thursday, 15 Jun 2017 07:42am EDT 

June 15 (Reuters) - :ENEL RUSSIA <<>> CAN DIRECT SOME FUNDS FROM POSSIBLE SALE OF REFTINSKAYA GRES TO SPECIAL DIVIDENDS, ITS GENERAL DIRECTOR CARLO PALASCIANO VILLAMAGNA SAID‍​.PALASCIANO SAID ALSO THAT IF THE DEAL GOES THROUGH, PART OF THE PROCEEDS, IN ADDITION TO DIVIDENDS, CAN BE DIRECTED TO INVESTMENTS, ADDING THAT THE POWER PLANT NEEDS TO BE SOLD FIRST.THE COMPANY'S MANAGEMENT DISCUSSED POSSIBILITY OF MOVING TO PAYING DIVIDEND TWICE A YEAR, BUT DOUBTS IF SUCH A MOVE WOULD BE FEASIBLE, PALASCIANO SAID.ENEL RUSSIA HAS AGREED ON PARTNERSHIP WITH SIEMENS <<>>, WHICH WILL SUPPORT NECESSARY LOCALIZATION OF PRODUCTION OF EQUIPMENT FOR WIND FARMS, PALASCIANO SAID.  Full Article

Enel Russia says will pay dividend as promised despite investments in wind farms
Thursday, 15 Jun 2017 06:29am EDT 

June 15 (Reuters) - ENEL RUSSIA ::SAYS DESPITE EXPECTED GROWTH OF INVESTMENTS WILL PAY DIVIDEND AS PROMISED."WE ENTERED THE RUSSIAN RENEWABLE SECTOR IN ORDER TO GUARANTEE THE COMPANY'S SUSTAINABLE DEVELOPMENT IN THE LONG TERM ... DESPITE THE INCREASE IN INVESTMENTS, THE COMPANY GUARANTEES FULFILLMENT OF ITS OBLIGATIONS TO PAY DIVIDENDS", CARLO PALASCIANO VILLAMAGNA, GENERAL DIRECTOR OF ENEL RUSSIA SAID AT THE AGM.INVESTMENT PLAN OF ENEL RUSSIA, APPROVED EARLIER, ASSUMED INVESTMENTS OF 17.5 BILLION ROUBLES IN 2017-2019 MAINLY IN MAINTAINING CAPACITIES, IMPROVING ENVIRONMENTAL PARAMETERS.ON WEDNESDAY ENEL RUSSIA SAID IT RECEIVED RIGHT TO BUILD TWO WIND FARMS AND PLANS TO INVEST ABOUT 405 MILLION EUROS nFWN1JB0JY.  Full Article

Enel Russia awarded two wind projects of 291 MW capacity
Wednesday, 14 Jun 2017 10:16am EDT 

June 14 (Reuters) - ENEL RUSSIA :SAYS RECEIVED RIGHT TO BUILD TWO WIND GENERATION OBJECTS AND CONCLUDE CAPACITY CONTRACT.SAYS HAS BEEN AWARDED TWO PROJECTS, OF 201 MW AND 90 MW RESPECTIVELY, IN A PUBLIC WIND POWER TENDER‍​.SAYS OVERALL INVESTMENT IN THE TWO WIND FARMS AMOUNTS TO APPROX. 405 MILLION EUROS.THE TWO PROJECTS WILL BE DEVELOPED AND BUILT BY ENEL GREEN POWER, ENEL'S GLOBAL RENEWABLE ENERGIES DIVISION.  Full Article

Inter RAO expects output to grow by 1.5%-2% in 2017, or remain flat at 2016 level
Friday, 9 Jun 2017 05:18am EDT 

June 9 (Reuters) - INTER RAO :EXPECTS OUTPUT TO GROW BY 1.5%-2% IN 2017, OR REMAIN FLAT AT 2016 LEVEL - COMPANY HEAD BORIS KOVALCHUK‍​.READY TO CONSIDER BUYING REFTINSKAYA GRES FROM ENEL <<>>, IF PRICE IS SUITABLE - KOVALCHUK.WANTS TO "LOOK COMPREHENSIVELY" AT THE PURCHASE OF ENEL'S STATIONS - KOVALCHUK."WE'LL SEE, IF THE ECONOMY IS SUITABLE ... WE WILL STUDY THE ISSUE" - KOVALCHUK SAID COMMENTING ON INTER RAO'S INTEREST IN REFTINSKAYA GRES, WHICH THE ITALIAN COMPANY AGAIN PUT UP FOR SALE.  Full Article

Enel signs deal with Russia's Rosseti on smart grids
Thursday, 1 Jun 2017 10:02am EDT 

June 1 (Reuters) - Italian biggest utility Enel says::Signed memorandum of understanding with Russian energy grid operator Rosseti.Under MOU, which has duration of two years, the two companies will exchange information and share the best practices and technical solutions in the areas of smart metering and grid digitalisation.  Full Article

Enel begins new round of accepting bids for Russia's Reftinskaya GRES - Interfax
Thursday, 1 Jun 2017 03:34am EDT 

June 1 (Reuters) - :ENEL BEGINS NEW ROUND OF ACCEPTING BIDS FOR ENEL RUSSIA'S <<>> REFTINSKAYA GRES, COMPANY'S CEO FRANCESCO STARACE TOLD INTERFAX IN AN INTERVIEW.THERE ARE NO PLANS TO SELL OTHER POWER PLANTS, INTERFAX SAYS CITING STARACE."WE HAVE APPOINTED SBERBANK AS AN ADVISER FOR THIS PROCESS. SO NOW SBERBANK STARTS THE SALE PROCESS", INTERFAX CITES STARACE AS SAYING.THE COMPANY HOPES THAT THIS TIME THE PROCESS WILL TAKE LESS TIME AS DURING FIRST ROUND OF TALKS POTENTIAL INVESTORS HAVE ALREADY FAMILIARIZED THEMSELVES WITH THE CHARACTERISTICS.  Full Article

Italy's Enel says confident anti-trust probe will reveal no wrongdoing
Thursday, 11 May 2017 01:30pm EDT 

May 11 (Reuters) - Italian utility Enel says: :Confident a probe opened by the Italian antitrust into alleged anti-competitive practices in electricity sales will show no wrongdoing..Says the company has always paid highest attention to regulatory demands, anti-trust issues, and is the first to oppose illicit behaviour..Earlier, the antitrust body said it was reviewing position of Enel <<>>, Acea <<>> and A2A <<>>nR1N1FF02E.  Full Article

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Italy begins antitrust inquiry of Telecom Italia over broadband

MILAN Italy's antitrust authority said on Tuesday it had launched an inquiry into possible abuse by Telecom Italia (TIM) in the rollout of ultrafast broadband in rural and sparsely populated areas.