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Strategic Refocusing and International Expansion: Building the Future Enel (2002–2010)

In: National Monopoly to Successful Multinational

Author

Listed:
  • Giuseppe Soda

    (Bocconi University)

  • Alessandra Carlone

Abstract

With the sale of Interpower in November 2002 Enel completed divestment of its production capacity as prescribed by the Bersani decree and this essentially marked the end of Enel’s downsizing imposed by law as part of liberalization of Italy’s power market. Of the three GenCos sold (Interpower, Elettrogen and Eurogen), Eurogen was purchased in May 2002 by a group of investors who assigned its production capacity to Edipower SpA. In September 2001 Elettrogen went to a consortium that included Spanish company Endesa, ASM Brescia, the city of Brescia’s municipal operator, and other minority shareholders. Interpower was purchased by a company owned by Italy’s Acea, Belgian company Electrabel Suez SA and other Italian investors that had minority interests, such as Sorgenia.

Suggested Citation

  • Giuseppe Soda & Alessandra Carlone, 2013. "Strategic Refocusing and International Expansion: Building the Future Enel (2002–2010)," Palgrave Macmillan Books, in: National Monopoly to Successful Multinational, chapter 3, pages 43-56, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03390-1_4
    DOI: 10.1057/9781137033901_4
    as

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