Industry Europe – Issue 24.3

Strong Group Member The joint-stock company Slovenské elektrárne was founded on 21 January 2002 as the legal successor of the original Slovenské elektrárne a.s., of which the assets of the Slovak power grid operator SEPS and the heating company Tepláreň Košice were spun off.

As of 31 December 2011, Slovenské elektrárne has two shareholders. The majority shareholder (66 per cent) is the Italian company Enel Produzione SpA. Enel has a presence in 40 countries, has 98 GW of net installed capacity and sells power and gas to 61 mln customers. The minority shareholder is the National Property Fund of the Slovak Republic with 34 per cent.

In 2012, Enel posted revenues around €85 billion, EBITDA of, approximately, 17 billion euros and net ordinary income of around €3.5 billion. The Group has nearly 73,000 employees and operates a wide range of hydroelectric, thermoelectric, nuclear, geothermal, wind, solar and other renewable power plants. Over 42 per cent of the power generated by Enel last year was carbon free.

Enel is strongly committed to renewable energy sources and to the research and development of new environmentally friendly technologies. In line with this commitment, Slovenske Elektrarne invests in clean technologies, renewable sources and safety (such as the 315 kW Dobsina III hydropower plant (HPP) put in operation in January 2014).