ENEL S.P.A.

ENEL S.P.A.

ISIN:IT0003128367



Zaměření energetika.

P/E: 10,7 Dividenda 7,2%

Doporučení:
http://markets.ft.com/tearsheets/analysis.asp?s=ENEL%3AMIL

Enel is actively engaged in international expansion in the power and gas market after having completed the sale of non-core assets. With 19,000 MW in plants using renewable energy resources (hydro, geothermal, wind, solar and biomass) across the world, Enel is a world leader in the sector. In December 2006, Enel launched a five-year plan (2007–2011) for the development of renewable energy sources and for research and development of new environmentally friendly technologies with an overall investment of €4.1 billion.

Enel runs operations in Spain in the generation, distribution and sale of electricity with Enel Viesgo, which has about 2,200 MW in installed capacity, and with Enel Unión Fenosa Renovables, a company active in the wind and hydro power sector. Enel is one of the largest renewable independent operators in the Americas with Enel North America and Enel Latin America, two companies that have about 1,000 MW of installed capacity.

In North America Enel has over 400 MW of hydroelectric, wind and biomass power generation and has signed an agreement with the company TradeWind Energy in the US to develop over 1,000 MW of new wind power. In March 2007, Enel, through its subsidiary Enel North America, announced the acquisition of AMP Resources. The acquisition includes one operating and four advanced stage geothermal development projects expected to add approximately 150 MW of capacity over the next four years to Enel’s North American operations, as well as access to a number of future opportunities.

In Latin America Enel operates over 600 MW of hydroelectric and wind power plants, including third companies operations in El Salvador and Panama respectively in the geothermal and hydroelectric fields.

In France, Enel has acquired Erelis, a company that has authorizations in several different fields to build wind plants of up to 500 MW. Over more, it has signed a Memorandum of Understanding with Edf to acquire 12.5 % of the new nuclear power project European Pressurized Reactor (EPR). Enel owns 5 % of the French power stock exchange Powernext and is one of the main operators in energy trading in the country with 1,000 MW exchanged in 2006.

In Bulgaria, Enel acquired control of one of the country’s largest power plants, Maritsa Iztok-3, in March 2003. The lignite-fired facility has a capacity of 840 MW.

In Slovakia, in February 2005, Enel acquired 66 % of Slovenské elektrárne (SE), the largest electricity generator in the country, and the second-largest in Central and Eastern Europe, with a generation capacity of 7,000 MW, a mix of nuclear, thermal and hydro assets.

In Romania, Enel acquired 51 % of two electricity distribution companies in June 2004: Electrica Banat and Electrica Dobrogea, which supply 1.4 million customers, or 20 % of the Romanian market. In 2006 Enel successfully bid for Electrica Muntenia Sud, the distribution company supplying the Bucharest region and serving 1.1 million customers. On 7 March 2008, Enel agreed with Nuclearelectrica, ArcelorMittal, CEZ, Electrabel, Iberdrola and RWE to set up a company dedicated to the completion, commissioning and operation of the units 3 and 4 of the Cernavodă Nuclear Power Plant.[2]

In Russia, Enel took over the operation – in partnership with the local private group ESN Energo – of the North-West Thermal Power Plant in St. Petersburg in June 2004. The gas-fired combined-cycle plant has a capacity of 900 MW. Enel has also acquired from the ESN Group 49.5 % of RusEnergoSbyt, a Russian trader providing electricity to major industrial customers. On April 4, 2007, Enel acquired through the Enineftegaz (a consortium 40% Enel - 60% Eni) a group of gas and tanker shipping assets formerly owned by Yukos.[3] Enel has also acquired a 59.8 % stake in wholesale generation company OGK-5. In return for gas supplies for OGK-5, Enel has agreed to give Russian gas company Gazprom a stake in an one of Enel's owned Italian power plants.[4]





Můj názor: ENEL je jedna z mála společností zabývající se výrobou a distribucí energii. která má na dnešní dobu více než přijatelné P/E a rozhodně zajímavou dividendu.

Nevýhodou je že je to Italská firma. Podle toho to taky tak někdy vypadá . Velmi hodně se angažuje ve střední a východní evropě. Na delší dobu bude problém v italské ekonomice která jak jistě víte jde do kytek.


Rozhodně dle mého názoru je to perspektívnější investice než např. ČEZ nebo EON.

Radek napsal:

ENEL S.P.A.

Ahoj,

je tam jediný problém a sice relativně vysoké zadlužení.... ale stejně jsem si ji nedávno koupil.

Ahoj


Ano to je pravda přes 400% je opravdu hodně. Nutno dodat že většina dluhu je až z roku 07. A je to za investice v Latinské Americe a hlavně za investice v ruském plynárenství. Což se může do budoucna bohatě vrátit.