1999-2001: the season of change

1999: Bersani Decree, privatization and Digital Meter - In 1999, the Italian electricity sector was liberalized with the Bersani decree. The decree prescribes Enel must separate production, transmission, distribution and sell to "suitable" customers, along with the obligation to reduce its production capacity. In line with the decree, the company completes the process of "becoming a company": Enel Produzione, Enel Distribuzione and Terna are born.

1999 was also the year of Enel’s privatization and stock market debut, with the placing of nearly 4 billion shares (the largest public offering in Europe and second in the world by value and by number of subscribers). Starting November 2, Enel’s shares are listed on the Italian Stock Exchange and the New York Stock Exchange.

Enel is transformed into an industrial holding company: from the Group stem new companies for the development of various business opportunities, from telephone to gas.

In 1999, Enel Distribuzione starts a project involving the replacement of 30 million meters in use at customer sites. The result of these efforts will result in the creation of the "Digital Meter" an integrated system to measure, report and manage the electricity supply contract, using the power grid for data transmission.

2001: Enel abroad - In September 2001, Enel wins the entire capital of the Spanish Viesgo, a company operating in the generation and distribution of electricity with a capacity of around 2,400 MW.
In December, CHI Energy (a US-based company acquired by Enel Group in 2000 and active in the field of renewable energy) completes the construction of a wind power plant in the United States and a biomass power plant in Canada. The installed capacity amounts respectively to 30 MW and 23 MW.
Also in 2001, the Enel Group started the construction of a 1095 km long high-voltage transmission line in Brazil. Furthermore on March 2002, an agreement is signed for the construction of a 1278 km long section of a line high-voltage, linking the north of Brazil to the south.

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