Although the global trend toward liberalization of electric utilities forced the biggest power company in Italy, Enel, to give up some of its assets in its home base, it also opened up many opportunities abroad, including in Russia, one of the largest electricity markets in the world.
The case summarizes the internationalization strategy of Enel and focuses on one piece of the company's tactical puzzle of global expansion: acquisition of major power-generation assets in the course of the break-up of RAO UES, the Russian electricity monopoly. The case highlights the decision-making process by the company executives in the circumstance of potential political risks to foreign investment in Russian tactical sectors and economical threats to investment in the yet-to-be-formed deregulated electricity marketplace in Russia and liberalized.
PUBLICATION DATE: May 22, 2009 PRODUCT #: 709046-PDF-ENG
This is just an excerpt. This case is aboutĀ GLOBAL BUSINESS