What is "endesa"

Endesa, S.A. (, originally an initialism for Empresa Nacional de Electricidad, S.A.) is the largest electric utility company in Spain. The firm, a majority-owned subsidiary of the Italian utility company Enel, has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants. Internationally, it serves another 10 million customers and provides over 80,100 GWh annually. Total customers numbered 22.2 million as of December 31, 2004. It also markets energy in Europe. The company has additional interests in Spanish natural gas and telecommunications companies.

Endesa is the acronym of Empresa Nacional de Electricidad S.A.. Two electric utility companies in the world use this name:

• Endesa (Spain)
• Endesa (Chile), a subsidiary of the former's Latin American investment arm Enersis

Endesa Chile is the largest electric utility company in Chile. It was created as a subsidiary of the state-owned CORFO on 1 December 1943 and was privatized in 1989. As of April 2009, it is owned by Enersis with a 60% stake, which in turn is 61% owned by Endesa International SA, a wholly owned subsidiary of the Spanish Endesa Group. Besides Chile, the Company has investments in Argentina, Colombia and Peru. It also has unconsolidated equity investments in companies engaged primarily in the electricity generation, transmission and distribution business in Brazil. Endesa Chile owns a 51% stake in the controversial HidroAysén project in Aisén Region, which would build 5 hydropower dams on two of Chile's largest wild rivers, the Baker and the Pascua. As of the 17 December 2009, Jorge Rosenblut has been the President of Endesa.