
Corporate Risk Manager of the Year - Enel
Awards

The finance department at Italian electricity company Enel has a clear mandate: to reduce and then stabilise cost of capital. It is a simple goal, and one that it has attained. Enel’s weighted average cost of debt stood at 4.4% for the first nine months of the year, falling from 5.9% in 1999 and 7.6% in 1997.
To achieve this, however, the former state-owned monopoly has taken a strong and simple stance on derivatives – which it now considers just one set of tools to manage its e25
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Awards
Risk management
Union beckons for the three quant tribes
Studies may be deferred, but future for grads is bright, argues UBS’s Gordon Lee
Receive this by email