endesa

Endesa Proposes Receiving €16 Bn from European Funds To Mobilise €19 Bn In Investments

Endesa has put forward 110 projects eligible for the EU recovery fund. The whole of these projects would mean a total investment of 19 billion euros (53% of its Enterprise Value and 75% of its capitalization). So the company is requesting 16 billion euros (85% of implicit leverage) from the EU recovery funds. Member countries can submit proposals from today until April 30th, 2021.


Endesa Develops The First European Plan For The Use Of ‘Blockchain’ In Cases Of Energy Poverty

Endesa has completed the development and validation phase with real users of the ‘Confia’ project, which is a pioneer in Europe. Thanks to ‘blockchain’ technology, it will enable the processing of cases of energy poverty to be speeded up as much as possible. The project is part of Endesa’s commitment to the fight against energy poverty. The company currently has more than 270 agreements in force.




Endesa is interested in Portugal's electricity distribution network

Endesa Prepares A Plan To Secure An Electricity Network In Portugal

The electricity distribution network in Portugal is going to be re-auctioned within an ambitous programme of liberalisation launched by the Government. The Portuguese electricity market, with more than 6 million connections, is a quarter that of Spain. Endesa looks to take advantage as it has 18% of the energy supply market in the country.