E-Distributie Banat S.A.

  • Investment Summary
  • Fund Stake 12.0%
  • Sector Electricity distribution
  • Website Click Here

In 2005, Enel Distribuzione S.p.A. purchased a stake of 24.62% in S.C. FDFEE Electrica Banat S.A. (as a result of a novation contract of the privatisation agreement signed with Enel S.p.a.). At the same time, Enel Distribuzione S.p.A. increased its holding in the company up to 51% by way of share capital increase as stipulated in the privatisation agreement.  

In 2006, S.C. FDFEE Electrica Banat S.A. became Enel Electrica Banat S.A. 

S.C. Enel Distributie Banat S.A. resulted from the separation of the distribution and supply activities of Enel Electrica Banat S.A. in accordance with European regulation (Directive 2003/54/EC) and Romanian legislation (Electricity Law no.13/2007).  The spin off process of Enel Electrica Banat S.A.was finalized in July 2007 and the resulting electricity distribution company was subsequently renamed S.C. Enel Distributie Banat S.A.

On 28 December 2009, the entire stake of Enel Distribuzione S.p.A. was transferred to Enel Investment Holding B.V.

Following ANRE's decision, the company changed its name to E-Distributie Banat, starting with November 2016.