Enel

Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas, as well as an artificial intelligence company. Enel, which originally stood for Ente nazionale per l'energia elettrica (National Electricity Board), was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 1 April 2016.

Enel S.p.A.
Company typeSocietà per azioni
BIT: ENEL
FTSE MIB Component
IndustryElectric utility
Founded27 November 1962 (1962-11-27)
FounderItalian government
Headquarters,
Area served
Worldwide (see section)
Key people
Paolo Scaroni (Chairman)
Flavio Cattaneo (CEO)
ProductsElectricity generation and distribution; natural gas distribution
Revenue 141 billion (2022)
€11.2 billion (2022)
€1.7 billion (2022)
Total assets €219.6 billion (2022)
Total equity€42.1 billion (2022)
OwnerGovernment of Italy (23.58%)
Number of employees
65,124 (2022)
Websitewww.enel.com

Enel is the 90th largest company in the world by revenue, with 140 billion in 2022. As of 2018, Enel is also the second largest electric utility company in the world by revenue after the State Grid Corporation of China. The company is quoted on the FTSE MIB index on the Milan Stock Exchange.

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