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

europe cip report energy transition 2050

CIP: Europe could reduce electricity prices by 40% by 2050 with clean energy

05 May 2026 - CIP built an integrated energy system model and based on that, conducted an analysis of how Europe’s energy system could evolve towards 2050

Finalists of the 2026 European Sustainable Energy Awards announced

Finalists of the 2026 European Sustainable Energy Awards announced

05 May 2026 - Public voting for the best European clean energy projects and leaders is now open, within European Sustainable Energy Awards 2026

renalfa ipp bess oslomej solar power plant

Renalfa IPP starts installing 200 MWh battery system at solar plant in North Macedonia

05 May 2026 - The co-located BESS is being installed at Oslomej, a solar power plant with a peak capacity of 65.8 MW at a former coal mine, Renalfa said

world energy crisis war renewables boom Simon Stiell un

Energy crisis fueled by Iran war makes economic logic of renewables impossible to ignore

04 May 2026 - The energy crisis fueled by the Iran war has made the economic logic of renewables impossible to ignore, according to Simon Stiell