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E.ON, ENEL to close more plants because of European power crisis

Two of Europe's major power companies, E.ON and Enel, declared on Wednesday they intend to close more plants and reduce costs, joining competitors in warning that the industry crisis will influence profits in the years to come.

read more... 14/03/2014

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2013: a great year for Enel and for geothermal energy

Last year the geothermal energy industry celebrated 100 years of commercial geothermal power generation. Italy is the country where geothermal energy was first exploited for industrial reasons and it is still one of the main producers of geothermoelectric energy in the world. The first example of a geothermal power plant went into operation in 1905, in Larderello, Tuscany.

read more... 13/02/2014

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EIB to finance Enel Green Power projects in Romania

The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.

read more... 09/12/2013

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Enel Green Power has connected a new PV plant in Romania

Italian-based Enel Green Power (EGP) has connected to the grid the Colibasi photovoltaic (PV) plant, sited in Giurgiu, with a total installed capacity of 6.5 MW bringing the EGP’s Romanian installed solar capacity up to about 26 MW.

read more... 11/10/2013

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Rosneft to pursue expansion in gas market with $1.8 billion acquisition

Enel SpA, the Italian electric utility company, the second-largest in Europe by market capitalization, unveiled that it will sell its 40% stake in Arctic Russia BV, a joint venture with Eni that owns 49% of SeverEnergia. Enel will receive 1.8 billion USD from Rosneft and the completion of transaction is subject to regulatory and other approvals.

read more... 26/09/2013

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