Total revenues of the Enel Green Power Group amounted to 2.7 billion euros, up 8.0% from the 2.5 billion euros posted in 2011. Both figures include non-recurring items. The growth in revenues amounted to 0.2 billion euros. Such an increase is mainly attributable to the sale of electricity resulting from higher output achieved in Iberia and Latin America, North America and the rest of Europe.
EBITDA totalled 1.7 billion euros, an increase of 6.3% compared with the 1.6 billion euros registered in 2011. Both figures include non-recurring items.
Net financial debt was 4.7 billion euros, at the end of 2012 up about 0.6 billion on the 4.1 billion euros posted at the end of 2011.
Employees at the end of 2012 numbered 3,513 (3,230 at the end of 2011).
Commenting on the results, Francesco Starace, Chief Executive Officer and General Manager of Enel Green Power, stated: “We are very pleased with the results posted last year by Enel Green Power. Our diversification strategy in the technological and geographical development drove an increase of the Group’s installed capacity of over 900 MW, in line with our target. Our strategy helped consolidate the Group’s footprint in significant markets such as the US, Canada and Romania as well as pursue growth in emerging countries such as Mexico and Guatemala.”
OPERATIONAL HIGHLIGHTS
Net installed capacity
Group net installed capacity at the end of 2012 totalled 8.0 GW, of which 2.6 GW (33%) hydro, 4.3 GW (54%) wind, 0.8 GW (10%) geothermal, 0.2 GW (2%) solar and 0.1 GW (1%) from other renewable energy resources (biomass and cogeneration). Compared with December 31st, 2011, net installed capacity increased by 0.9 GW (+13%)2 mainly in the wind segment.
Power generation
Net electricity generated by the Group in 2012 amounted to 25.1 TWh, of which 9.9 TWh (39%) hydro, 9.0 TWh (36%) wind, 5.5 TWh (22%) geothermal, 0.2 TWh (1%) solar and 0.5 TWh (2%) from other renewable energy resources (biomass and cogeneration). Power generation increased by 2.6 TWh (+12%) compared with 2011, mainly attributable to higher installed wind capacity, offset by a decrease in hydro generation owing to lower water availability.
