Market Commentary on Endesa SA.

0 Comments | M2 Presswire, March, 2007

M2 PRESSWIRE-27 March 2007-bellwetherreport.com: Market Commentary on Endesa SA(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:27032007 Market Commentary on Endesa SA (NYSE:ELE) Spain is sunny, but some 11 million Spaniards look to Endesa for light. Spain's #1 electric utility has a generating capacity of more than 91,500 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants.

Endesa also has interests in Spanish natural gas companies. Internationally (primarily in South America) the firm serves 11 million customers and has a capacity of more than 93,760 GWh; it also markets energy in Europe. E.ON and Gas Natural have made bids of $47-plus billion and $26-plus billion respectively for Endesa. Acciona has also jumped in the fray,...