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2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
  2. Brands
  3. Energy & Utilities
  4. Enel X
Enel X logo
Energy & Utilities

Who Owns Enel X?

Enel X is wholly owned by Enel S.p.A. (Borsa Italiana: ENEL / NYSE: EN), the Italian multinational energy company headquartered in Rome. Enel X was created in 2017 as Enel's advanced energy services division, focused on electric vehicle charging (JuicePass network), demand response programs, energy storage, and public lighting. Under CEO Flavio Cattaneo's strategic plan, Enel X has been scaled back from international markets to focus on Enel's core countries. Enel X Global Retail was restructured in 2024 to streamline operations.

Parent Company

Enel

Founded

2017

Status

Publicly Traded

Headquarters

Rome, Italy

Enel X Timeline

1962
Enel

Parent company established in Rome, Italy

Company Founded
2017

Enel X

Founded by Enel (internal division)

Founded
mid rangenicheGlobalall-consumersOfficial Website

Who Owns Enel X?

  • Parent Company: Enel
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: Borsa Italiana: ENEL
BrandParent CompanyOwnership Type
Enel XEnelWholly owned

History of Enel X

  • Founded: 2017
  • Founders: Enel (internal division)

Enel X was established in January 2017 as Enel's advanced energy services division. The creation of Enel X consolidated several existing Enel initiatives, including demand response programs, electric vehicle charging pilots, and energy storage projects, into a single business line. The division was positioned to capitalize on the energy transition, targeting growth in electric mobility, distributed energy resources, and demand-side management.

In its early years, Enel X expanded aggressively. The division acquired eMotorWerks, a U.S. electric vehicle charging company, in 2017, giving Enel X a presence in the North American EV charging market. Enel X also acquired EnerNOC, a U.S. demand response company, for approximately $250 million in 2017, significantly expanding its demand response capacity in North America and Asia-Pacific.

Enel X developed the JuicePass EV charging network in Italy and Spain, deploying thousands of public charging points. The JuiceBox home charger was marketed in the United States and Europe. In demand response, Enel X became one of the largest virtual power plant operators globally, managing approximately 6 GW of demand response capacity across multiple markets by 2020.

In 2020, Enel X launched the JuiceAbility program, providing charging infrastructure for electric buses and commercial fleets. The division also expanded into public lighting, managing approximately 2 million LED street lights in Italy through a partnership with municipalities.

However, under CEO Flavio Cattaneo, who joined Enel in May 2023, Enel X underwent significant retrenchment. Cattaneo's strategic plan focused Enel on six core countries and prioritized grid investment and renewable generation over advanced energy services. Enel sold or wound down several Enel X operations in non-core markets. In 2024, Enel X Global Retail was restructured, and some international demand response and EV charging operations were divested.

The demand response business in North America (inherited from EnerNOC) was scaled back. The eMotorWerks EV charging operations in the United States were reduced. Enel X's focus shifted to serving Enel's retail electricity customers in core markets with EV charging, energy efficiency services, and demand response, rather than pursuing a standalone global energy services strategy.

About Enel

Who owns Enel?
Enel is a publicly traded company listed on the Borsa Italiana under the ticker ENEL. The Italian Ministry of Economy and Finance holds approximately 23.6% of Enel's share capital, making the Italian state the largest single shareholder. The remaining shares are held by institutional investors, retail investors, and other shareholders. Enel was partially privatized in 1999 but the Italian government has retained its significant ownership stake.

Is Enel publicly traded?
Yes, Enel is publicly traded on the Borsa Italiana stock exchange under the ticker ENEL. The company has been publicly traded since its partial privatization in 1999. The Italian government retains approximately 23.6% ownership through the Ministry of Economy and Finance.

What is Enel's revenue?
In fiscal year 2025, Enel reported revenues of EUR 80.35 billion, an increase of 1.8% from EUR 78.93 billion in FY2024. Ordinary EBITDA was EUR 22.87 billion, and group net ordinary income was EUR 7.01 billion. Group net ordinary EPS was EUR 0.69, and the proposed dividend was EUR 0.49 per share.

What are Enel's main business segments?
Enel operates through three primary business lines: Enel Grids (electricity distribution, serving approximately 61 million end users), Enel Green Power (renewable energy generation with approximately 66 GW of installed capacity), and Enel Global Retail (electricity and gas supply to final customers, energy efficiency services, and value-added solutions).

When was Enel founded?
Enel was established in 1962 as Italy's National Electricity Board (Ente Nazionale per l'Energia Elettrica), consolidating approximately 1,270 private electricity companies under state control. The company was partially privatized and listed on the Borsa Italiana in 1999.

What is Enel's sustainability strategy?
Enel targets carbon neutrality by 2040, with all installed capacity becoming 100% renewable by that year. The company plans to phase out all coal-fired power plants by 2027 and targets 85% renewable installed capacity by 2030. Enel's climate targets have been validated by the Science Based Targets initiative (SBTi). The company has been a pioneer in sustainability-linked financing, issuing bonds that tie borrowing costs to environmental performance.

What is Enel's 2026-2028 Strategic Plan?
Enel's 2026-2028 Strategic Plan targets EUR 53 billion in gross capital expenditure, with approximately 60% allocated to grids and renewables in eight core countries with stable regulatory frameworks (Italy, Spain, Brazil, Chile, Colombia, Peru, Romania, and Argentina). The plan focuses on growth in stable environments, maximizing capital productivity, and ensuring a balanced risk-return profile.

  • Founded: 1962
  • Headquarters: Rome, Italy
  • Company Type: Publicly Traded
  • Stock: Borsa Italiana: ENEL
  • Revenue: EUR 80.35 billion (FY2025)
  • Employees: Approximately 61,000

Visit Enel website

View full company profile for Enel

Where Is Enel X Made / Based?

  • Headquarters: Rome, Italy
  • Manufacturing / Operations: Italy, Spain, Brazil, Chile

Enel X Categories & Tags

Electric Vehicle ChargingEnergy StorageDemand ResponseSmart EnergyPublic LightingItalian Brand

Brands Owned by Enel

Enel Green PowerEnergy Utilities

Enel Green Power

Owned by Enel

Renewable energy division of Enel (Borsa Italiana: ENEL), managing approximately 67 GW of wind, solar, hydroelectric, and geothermal capacity across five continents. Founded in 2008. Briefly listed separately on Borsa Italiana from 2016 to 2018 before being reintegrated into Enel.

renewable-energywind-powersolar-power
Enel GridsEnergy Utilities

Enel Grids

Owned by Enel

Electricity distribution division of Enel (Borsa Italiana: ENEL), managing power grids serving approximately 75 million end users across Italy, Spain, Brazil, Argentina, Peru, Chile, Colombia, and Romania. Includes e-distribuzione, Italy's largest distribution system operator.

electricity-distributionpower-gridsinfrastructure
View all brands owned by Enel

Enel X Ownership: Pros & Cons

Advantages

  • +Positioned to benefit from electrification trends in Enel's core markets
  • +Integration with Enel's retail electricity business provides customer base
  • +JuicePass EV charging network is established in Italy and Spain
  • +Demand response programs provide grid services revenue
  • +Part of Enel's broader energy transition strategy

Considerations

  • -Scaled back from international markets under Cattaneo's strategic plan
  • -North American demand response and EV charging operations reduced
  • -Faces strong competition from specialized EV charging companies
  • -Advanced energy services require continuous technology investment
  • -Regulatory frameworks for demand response vary by country
  • -Enel's capital allocation prioritizes grids and renewables over Enel X

Frequently Asked Questions About Enel X

Sources & Further Reading

  • Enel X Official Website -
  • Enel Group Corporate Website -
  • Enel 2025 Annual Report -
  • JuicePass EV Charging -
  • Borsa Italiana: Enel (ENEL) -
  • SEC EDGAR: Enel (EN) -
  • International Energy Agency -
  • BloombergNEF -- Energy Technology Analysis -

Competitors to Enel X

No direct competitors found in the same category. This could be because Enel Xoperates in a unique market segment or we're still building our competitor database.

Independent Alternatives to Enel X

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Adani Green EnergyEnergy Utilities

Adani Green Energy

Owned by Adani Group

Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.

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Adani Green Energy is privately owned, unlike Enel X which is under a publicly traded parent company.

Adani PowerEnergy Utilities

Adani Power

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India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.

power-generationenergythermal-power
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Adani Power is privately owned, unlike Enel X which is under a publicly traded parent company.

CMS EnergyEnergy Utilities

CMS Energy

Owned by CMS Energy

American energy company providing electricity and natural gas utility services to Michigan residents through Consumers Energy subsidiary.

energy-utilityelectricitynatural-gas
Publicly Traded

CMS Energy operates independently without a large parent corporation.

JSW EnergyEnergy Utilities

JSW Energy

Owned by JSW Group

JSW Energy Limited is an Indian independent power producer and subsidiary of JSW Group, operating thermal, hydro, solar, and wind assets with over 10 GW of installed capacity and a target of 30 GW by 2030.

renewable-energysolarwind
Privately Owned

JSW Energy is privately owned, unlike Enel X which is under a publicly traded parent company.

GE VernovaEnergy Utilities

GE Vernova

Owned by GE Vernova LLC

Independent publicly traded energy technology company spun off from General Electric in April 2024, providing gas turbines, wind turbines, grid solutions, and electrification technology globally.

energy-technologywind-powergas-turbines
Publicly Traded

GE Vernova operates independently without a large parent corporation.

NHPCEnergy Utilities

NHPC

Owned by NHPC Limited

NHPC Limited is India's premier state-owned hydropower and renewable energy company, a Navratna PSU under the Ministry of Power, with over 9 GW of installed capacity across hydro, solar, and wind.

renewable-energyhydrosolar
State-Owned

NHPC operates independently without a large parent corporation.

Enel Stock Information

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team