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

serbia eu region bef 2026 sanja bozinovska cooperation

Božinovska at BEF 2026: Regional cooperation is not a choice, but a necessity

11 May 2026 - The fourth edition of Belgrade Energy Forum (BEF 2026) has brought together 500 participants

Belgrade Energy Forum 2026 EU support necessary decarbonization Western Balkans

Belgrade Energy Forum 2026: EU’s support necessary for decarbonization in Western Balkans

11 May 2026 - The Western Balkans have progressed in decarbonization and integration with the EU's single energy market, but it must add speed, and with EU's help, top officials agreed at Belgrade Energy Forum 2026 in Serbia

Montenegro EPCG trial run of first wind park Gvozd

Montenegro’s EPCG starts trial run of its first wind park – Gvozd

10 May 2026 - EPCG launched the trial operation of its first wind power plant. Gvozd would be the biggest in Montenegro when the second phase is completed.

Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

08 May 2026 - The European Hydrogen Bank (EHB) approved EUR 1.09 billion in the third auction. A Greek JV won with the lowest bid in the general category.