Enel
Electric utilities · Italy
Enel is an Italian electricity group that runs power grids serving 69 million end users, generates electricity mostly from renewables, and sells power and gas to 54 million customers in Italy, Spain and Latin America.
What makes it different
Runs more grid connections than any private utility.
€8.9BEnel Grids ordinary EBITDAFY2025
Grids are under a third of revenue but its biggest profit engine, earning regulated returns on a growing asset base.
How big it is
How big is Enel?
€80.3BRevenueFY2025
69.1MEnd users on its gridsFY2025
61,634EmployeesFY2025
How it makes money FY2025
Retail power sales lead revenue.
- End-user Markets42%€33.8B
- Enel Grids25%€20.3B
- Thermal Generation and Trading23%€18.6B
- Enel Green Power9%€7.55B
How the business works
Regulated grids, green plants, retail customers.
- 169M end users on grids
- 2Hydro, wind and solar
- 354M retail customers
Regulated grid tariffs give steady returns, while its own renewable plants supply its retail customers and hedge prices.
Who owns it
- Ministry of Economy and Finance (Italy)23.585%
- BlackRock Inc.5.023%
CEO: Flavio Cattaneo
Who it competes with
Key moments
- 1962Enel created to unify Italian electricity
- 1999Listed in Italy's largest share offering
- 2001World's first smart meters
- 2008Enel Green Power launched
- 2009Takes full control of Endesa
Sources
Every number on this page comes from Enel's own reports.
Full profile
The rest of the story is in the app.
What Enel tracks21 metrics
End users on Enel grids
Retail customers
Net renewable capacity
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from6 regions
Italy
Iberia
Brazil
The full timeline18 moments
2024
2025
2026
Enel vs Iberdrolaside by side
Revenue
Profit
People
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