Endesa Electricity and Gas Services

Endesa is the leading electric utility company in Spain and the second largest in Portugal. Founded in 1944 by the Spanish government as a state-owned enterprise, it was created to manage and develop the country’s energy infrastructure. Over the decades, it evolved from a public entity into a private multinational corporation following a phased privatization process that began in the late 1980s.

Today, Endesa operates as a major player in the global energy market, focusing heavily on the transition toward renewable energy. While its primary operations and historical roots are firmly planted in the Iberian Peninsula, its ownership structure shifted significantly in 2009 when it was acquired by the Italian energy giant Enel. As a subsidiary of Enel, Endesa benefits from global resources while maintaining its brand identity and operational leadership in the Spanish-speaking markets.