Enel is a power company specializing in the power and gas markets, operating in 40 countries across 4 continents overseeing power generation from over 98 GW of net installed capacity and distributing electricity and gas through a network spanning around 1.9 million km to serve approximately 61 million customers. In 2012, Enel posted revenues around 85 billion euros, EBITDA of, approximately, 17 billion euros, and net ordinary income of around 3.5 billion euros. As of June 30th, 2013, the Group has nearly 74,000 employees and operates a wide range of hydroelectric, thermoelectric, nuclear, geothermal, wind, solar, and other renewable power plants. Over 42% of the power generated by Enel last year was carbon-free. Enel is strongly committed to renewable energy sources and to the research and development of new environmentally friendly technologies. Enel Green Power [EGP] is the Group’s publicly listed company dedicated to the growth and management of power generation from renewable energy, operating around 8.7 GW of net installed capacity relying on hydro, wind, geothermal, solar, biomass, and co-generation sources in Europe and the Americas. Enel is the first utility in the world to replace the traditional electromechanical meters with smart meters that make it possible to measure consumption in real-time and manage contractual relationships remotely. Today, over 34 million Italian retail customers are equipped with smart meters installed by Enel. Enel is further deploying an additional 13 million smart meters to its customer base in Spain. This innovative tool is key to the development of smart grids, smart cities, and electric mobility. The company was founded in 1962 and is headquartered in Rome, Lazio, Italy.
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