Italian energy company Enel generated 61 billion euros consolidated revenue for 2008, up by 40% compared to the 43.7 billion euros revenue posted for 2007.

Enel's EBITDA exceeded 14.2 billion euros, up by 45% compared to 9.8 billion euros in 2007, mainly due to the proportional consolidation at 67.05% of Endesa's results for the whole year, whereas in 2007 they were consolidated only for the last quarter of the year.

The net financial debt of the company amounted to around 50 billion euros at the end of 2008, down about 5.8 billion euros from the end of 2007.

Enel had a total of 75,985 employees at the end of 2008, compared to 73,500 a year earlier.

Commenting on the figures, Enel's Chief Executive Officer Fulvio Conti said: "The excellent results in 2008 confirm the soundness of our strategy that has made the Group one of the world's main energy operators. Our debt has been reduced to 50 billion euros, in line with the goal set previously and down nearly 6 billion euros from the previous year. Furthermore, we expect to maintain a dividend of 49 cents per share on 2008 reported earnings."

In 2008, Enel Group generated a total of 253.1 TWh of electricity (153.5 TWh in 2007), distributed 393.5 TWh over its own networks (302.3 TWh in 2007) and sold 270.4 TWh (196.3 TWh in 2007).

In particular, outside of Italy, the Enel Group generated 156.8 TWh of electricity (59.3 TWh in 2007), distributed 135.6 TWh (43.3 TWh in 2007) and sold 133.2 TWh (53.9 TWh in 2007).

Enel is Italy's largest power company, and Europe's second listed utility by installed capacity. Enel controls Bulgaria's Maritza East III, which is the first lignite-fired thermal power plant in the Balkans.