Electricity

Enel’s subsidiary posts EUR 64 million profit in Q1

Published

May 9, 2015

Country

Comments

comments icon

0

Share

Published:

May 9, 2015

Country:

Comments:

comments icon

0

Share

Enel’s EBITDA in Romania fell by 1.5% in the first quarter, from EUR 65 million a year ago to EUR 64 million, according to data released by the Italian group and quoted by Mediafax.

The company has obtained earnings before interest and taxes (EBIT) down by 26% from EUR 50 million a year ago to EUR 37 million. Revenues decreased by 3.6% from EUR 275 million in the first quarter of 2014 to EUR 265 million, Business-review.eu portal reported.

Enel owns in Romania, through Enel Green Power, a net installed, renewable capacity of 534 MW. Out of it, the net installed capacity from wind is 498 MW and 36 MW from other sources. The level of production obtained from renewable sources is 428 MW. Of this total, 421 MW represent wind energy production and 7 MW from other renewable energy sources.

Ebitda obtained by Enel in Eastern Europe, region which includes also Russia, Slovakia, and other regions, fell by 17.4% in the first quarter, from EUR 282 million to EUR 233 million. Enel has 2.6 million clients in Romania.

Tags:

Related Articles

bih croatia south interconnection pipeline intergovernmental agreement three seas kristo plenkovic

BiH, Croatia sign agreement on Southern Gas Interconnection

29 April 2026 - Bosnia and Herzegovina and Croatia have signed an intergovernmental agreement on the construction of the Southern Gas Interconnection

croatia grid connection fee hera decision

Croatia finally sets grid connection fee

29 April 2026 - The Croatian Energy Regulatory Agency (HERA) has adopted the fee for the connection to the electricity network

TerraPower Natrium Rendering nuclear power plant

TerraPower starts building 345 MW nuclear plant in US using advanced Natrium technology

29 April 2026 - The facility is set to become “the first utility-scale advanced nuclear power plant in the United States,” TerraPower said

Aktor LNG USA signs 20 year supply deal with Albania's Albgaz

Aktor LNG USA signs 20-year supply deal with Albania’s Albgaz

29 April 2026 - Aktor LNG USA and ALBGAZ signed a 20-year commercial agreement for liquefied natural gas (LNG) from the United States