TITLE

Enel seeks stability after acquisitions

AUTHOR(S)
Wood, Janet
PUB. DATE
March 2008
SOURCE
Utility Week;3/21/2008, Vol. 28 Issue 21, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Enel to stop its acquisition plans in 2008. Enel chief executive Fulvio Conti confirmed plans to establish a separate renewable division that could draw minority shareholders. He emphasized the company's transformation into an integrated energy multinational firm after its takeover of Endesa and OGK-5 this year. He said that the company's guidelines in 2012 would focus on consolidation, growth and financial stability.
ACCESSION #
31743399

 

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