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Enel Reports Two Billion Euro Profit

Date: 08.09.2006

Italian energy giant Enel Group, which recently acquired 73 % of Bulgaria's thermal power plant Maritsa Iztok 3, reported about two billion euro profit for the first six months of the year, which is by 34 % more than the profit for the same period of the last year. The financial results were presented in Rome by Fulvio Conti, Chief Executive Officer and General Manager of Enel. Enel's revenues increased by 18 % to 19 billion euro.

In the first six months of the year Enel has sold 71 twh of electricity and its electricity transmission network has transmitted 126 twh in Italy. Enel also shows considerable interest in the construction of the NPP Belene and the Nabucco pipeline. The energy giant also aspires to buy the central heating company in the town of Rousse on the Danube.

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