Enel to acquire Endesa for €11.1 billion
Enel will now have a 92.06% shareholding in Endesa, in line with a contract signed between Enel and Acciona on March 26, 2007. It has also been agreed that €2.9 billion of operational wind and hydro assets will be transferred to Acciona from Endesa.
"With this acquisition Enel will gain full control of Endesa, a leader in Iberia and Latin America, with major growth opportunities," says Fulvio Conti, chief executive officer and general manager of the Enel Group. "Enel and Endesa will be able to
More on Electricity
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
Energy Risk Awards 2025: Nodal Exchange interview
Energy and environmental markets outlook, the impact of AI on power markets and Nodal Exchange’s plans
GEN-I: a journey of ongoing growth
GEN-I has been expanding across Europe since 2005 and is preparing to expand its presence globally
One to watch: Dexter Energy
Energy Risk Awards 2025: Tech firm uses AI and weather tools to support power trading amid rise in renewables
Commodity exchange of the year: Nodal Exchange
Energy Risk Awards 2025: Volumes at US power and environmental markets exchange surge as price volatility creates risk management imperative
One to watch: ENGIE’s CO2 battery deal with Energy Dome
Energy Risk Awards 2025: Energy firm’s pioneering offtake deal brings first full-scale CO2 battery to market
Electricity house of the year: Natixis CIB
Energy Risk Awards 2025: Bank launches raft of innovative deals across entire electricity supply chain
