Enel (OTCMKTS:ENLAY) S.p.A. is a leading global energy company engaged in the generation, distribution and sale of electricity and gas. Established in 1962 by the Italian government, Enel was privatized beginning in the late 1990s and has since evolved into one of the world’s foremost utilities. The company’s core operations encompass a diverse generation portfolio—with assets spanning thermal, hydroelectric, wind, solar and geothermal facilities—and a broad grid infrastructure that serves both residential and commercial customers.
Enel operates through various business lines, including conventional power generation, renewable energy production via its subsidiary Enel Green Power, power and gas distribution networks, and energy management services. Enel Green Power develops and operates renewable assets across Europe, the Americas, Asia and Africa, reflecting the company’s strategic emphasis on decarbonization and the transition to sustainable energy sources. The group’s distribution arm maintains an extensive network of power lines and related infrastructure, ensuring reliable service for millions of end users.
Innovation and digitalization are central to Enel’s strategy, with substantial investments in smart grid technology, advanced metering systems and digital platforms that enable demand-response, energy storage integration and enhanced customer engagement. The company has also expanded into electric mobility, deploying charging infrastructure and partnering with automotive firms to support the adoption of electric vehicles. These initiatives underscore Enel’s commitment to modernizing the energy system and facilitating the broader energy transition.
Enel’s leadership is headed by Chief Executive Officer Francesco Starace, supported by a diverse executive team and a board of directors that guides corporate governance and strategic direction. The company maintains its headquarters in Rome and Milan, Italy, and employs tens of thousands of professionals worldwide. With a strong focus on sustainability, innovation and geographic diversification, Enel continues to pursue growth opportunities while reinforcing its position as a pioneer in the global energy sector.
