E-Distributie Muntenia

  • Investment Summary
  • Fund Stake 24.0%
  • Sector Electricity distribution
  • Website Click Here

In 2008, Enel S.p.A. purchased 50% of S.C. FDFEE Electrica Muntenia Sud S.A. and increased its stake in the company up to 64.4251% by way of share capital increase.  

The shareholders of S.C. FDFEE Electrica Muntenia Sud S.A. decided the separation of the distribution and supply activities of in accordance with European regulation (Directive 2003/54/EC) and Romanian legislation (Electricity Law no.13/2007).  

The spin off process from S.C. FDFEE Electrica Muntenia Sud S.A. of the assets pertaining to the supply activity into the newly created company, S.C. Electrica Furnizare Muntenia Sud S.A., was finalized in July 2008. The resulting distribution company was renamed S.C. Electrica Distributie Muntenia Sud S.A.

Subsequently, in September 2008, the name of the distribution company was changed from S.C. Electrica Distributie Muntenia Sud S.A to S.C. Enel Distributie Muntenia S.A.

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

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