Saturday, March 3, 2012

Endesa to invest EUR 10.5bn in 2010-2014.

(ADPnews) - Mar 18, 2010 - Spanish power utility Endesa (MCE:ELE) plans to invest EUR 10.5 billion (USD 14.365bn) between 2010 and 2014, the company said today.

As much as 65% of the money will go for the maintenance of its assets while the remaining part will be used for business expansion.

The earnings before interest, tax, depreciation and amortisation (EBITDA) are seen to reach EUR 7.4 billion in 2014, the company said. As much as EUR …

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