Enel Stock News

Enel denies report that it seeks to reduce stake in Spain's Endesa

Rising oil prices are usually seen as an inflation warning. Yet Thornburg Investment Management argues the longer prices stay high, the more likely they are to pull inflation down.

Enel , one of the biggest utilities in Europe, on Tuesday faces a potential regulatory challenge to its lucrative contract to supply electricity to the largest city in ​the Southern Hemisphere.

Italian energy company Enel has asked Brazil's power regulator ​Aneel to annul proceedings aimed at terminating ‌its Sao Paulo distribution concession, saying the regulator failed to conduct a structured analysis of the ​impact on consumers.

Brazilian power regulator Aneel on Tuesday ‌rejected Italian utility Enel's appeal against proceedings that could lead to the revocation of its Sao Paulo ​electricity distribution concession.

Italy's biggest utility Enel said ​on Thursday its ‌Spanish and Latin American units supported the ​group's performance in ​the first half, with ⁠ordinary earnings up ​3% year-on-year in ​the period.

Brazilian power firm Equatorial and Spain's Iberdrola are in ​talks with Enel to buy assets ‌of the Italian firm in Brazil, Brazilian newspaper Valor Economico reported on Monday, citing ​sources.