Enel Distributie Banat and Enel Distributie Dobrogea will grant dividends amounting to 60 percent of the net 2010 results, the Italian company announced. Enel Distributie Banat will grant dividends worth EUR 19.5 million (RON 83.56 million), while Enel Distributie Dobrogea will grant dividends amounting to EUR 13 million (RON 56.15 million.)
Enel Distributie Dobrogea is 51 percent owned by Enel Investment Holding BV, while Electrica SA owns 24.9 percent of the company’s shares, and Fondul Proprietatea 24 percent. Enel Distributie Banat has a similar shareholding structure, with the majority shareholding being owned by Enel Investment Holding (51 percent), Electrica (24.8 percent) and Fondul Prorietatea (24.1 percent).
In Romania, Enel sells electricity through Enel Energie, Enel Energie Muntenia, and manages and upgrades the electricity networks in Banat, Dobrogea and Muntenia through Enel Distributie Banat, Enel Distributie Dobrogea, and Enel Distributie Muntenia. The company is present in the renewable energy sector with Enel Green Power. It has invested over EUR 1.8 billion in Romania since entering the local market in 2005.