Endesa SA (ELEZF/ELEZF.PK) Wrap Up:

Endesa SA, an electricity company, together with its subsidiaries, engages in the generation and distribution of electricity primarily in Spain, Portugal, Europe, Latin America, and north Africa. It produces electricity from coal, liquid fuels, hydroelectric, nuclear, and natural gas. The company also involves in the distribution, transport, and supply of natural gas for the ceramics, glass, chemicals, automobile, textile, and cogeneration sectors; the renewable energies and cogeneration sector, including wind farms, mini hydraulic, biomass, and waster treatment plants; and in the real estate activities, including development and sale of properties. In addition, it engages in the development of research and development projects in the fields of telecommunications, information systems, and electrical networks; and sale of mining equipment, such as bucket wheel excavators, conveyor belts, spreaders with tripper cars, stackers, wide belts, stations, frames, stockyard area equipment, belt vulcanization shop products, and pumps, as well as other elements, such as drums, motors, gearboxes, brakes, electrical cables, switchboards, and medium voltage transformers. As of December 31, 2008, its gas portfolio consisted of 846,000 supply points. The company was founded in 1944 and is headquartered in Madrid, Spain. As of October 05, 2007, Endesa SA is a subsidiary of Enel SpA (CM: ENEL).