January 24, 2017 9:38 PM ET

Electric Utilities

Company Overview of Enemalta plc

Company Overview

Enemalta plc provides electricity generation and distribution services to industrial, commercial, and domestic sectors in the Maltese Islands. It coordinates the dispatch of various grid-connected sources of electrical energy, including power plants, renewable energy installations, and an interconnector to Italy; and manages, operates, and maintains the national electricity grid and related distribution installations. The company also operates Malta-Italy Interconnector that provides the country with access to electricity generated through sources in Sicily and other regions in mainland Europe; provides high and low voltage services, including general testing of equipment and systems, cable ...

Triq Belt il-Hazna

Marsa,  MRS 1571

Malta

Founded in 1977

Phone:

356 2122 3601

Fax:

356 2298 0660

Key Executives for Enemalta plc

Executive Chairman and Member of Management Board
Executive Director of Finance & Human Resources and Member of Management Board
Financial Controller - Petroleum
Executive Director of Business Strategy & Projects, Member of Management Board and Director
Compensation as of Fiscal Year 2016.

Enemalta plc Key Developments

Enel Trade SpA and Enemalta plc Signs Five-Year Framework Agreement for Commercial Operation

Enel Trade SpA and Enemalta plc have signed a five-year framework agreement for the commercial operation of the 200 MW interconnector between Sicily and Malta that supplies electricity to the Mediterranean archipelago from Italy, which is scheduled to enter service by the first half of 2015. Enemalta is undertaking structural works associated with the reconversion of an existing plant from oil to natural gas, the construction of another new gas-fired plant and related LNG facilities as well as the development of the Malta-Sicily Interconnector. These works are aimed at switching to cleaner sources of energy and ensuring the reduction of power generation costs in the islands. In line with the agreement, Enel Trade will purchase electricity from Italy on Enemalta's behalf. More specifically, the commercial agreement governs the terms and conditions for accessing forward and spot markets, the supply of all associated services and the commercial management of the cable, including dealings with Italian institutional counterparts. The agreement demonstrates the Enel Group's capacity to supply customized long-term products based on the requirements of the individual counterparties.

Similar Private Companies By Industry

Company Name Region
Electrogas Malta Limited Europe
Enemalta plc Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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