Endesa, S.A., trading on the OTCMKTS as ELEZY, is a leading electricity utility headquartered in Madrid, Spain. Established in 1944, the company has grown into the largest integrated power provider in the Spanish market. Following its privatization in the late 1990s and subsequent acquisition by Italy’s Enel Group in 2009, Endesa has maintained a dominant role in power generation, transmission, distribution and retail supply across the Iberian Peninsula.
Endesa’s core business activities encompass electricity generation from a diverse mix of sources, including hydroelectric, nuclear, coal, natural gas and an expanding portfolio of renewable assets such as wind and solar. The company operates an extensive high- and medium-voltage transmission network as well as local distribution facilities, ensuring reliable service to residential, commercial and industrial customers. Its retail division offers a suite of energy solutions, including fixed-rate and indexed pricing plans, energy efficiency consultancy and digital platforms for consumption monitoring.
While its primary market remains Spain, Endesa also serves Portugal through its fully owned subsidiary, supplying electricity to millions of customers in both countries. The company is actively investing in modernizing its grid infrastructure with smart metering and grid automation technologies. In support of the broader energy transition, Endesa is deploying electric vehicle charging networks and pursuing large-scale renewable projects, alongside strategic partnerships aimed at sustainable electrification in Latin America and North Africa.
Leadership at Endesa is headed by Chief Executive Officer José Bogas, who has guided the company since 2014 with a focus on operational excellence, innovation and environmental sustainability. The board of directors comprises representatives from Enel Group alongside independent members, overseeing governance and long-term strategic planning. With a history spanning eight decades and a commitment to decarbonization, Endesa continues to shape the future of energy in the Iberian Peninsula and beyond.
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