EMCC European Monitoring Centre on Change

Endesa

Company/Organisation:
Endesa

Geographic Location

Country: Spain
Region: Andalucía; Sur

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35.14 - Trade of electricity
Number Employed: 9700

Employment Effects

Announcement Date: 29-04-2018
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2019
Foreseen End Date: 31-12-2021
Planned Job Creation: 10000

Additional Information

Spanish electricity firm Endesa is to invest € 920million to upgrade and extend its electricity distribution network in the region of Andalusia (Spain) between 2019 and 2021.The plan will generate, according to the company, 10,000 direct jobs and more than 7,000 indirect jobs by subcontracting operations in the region. The total investment is 22% higher than in the previous strategic plan. The most important target of this new plan is digitalization, a factor that will improve the supply quality with 4,500 new distribution centres using digital solutions. Endesa's proposal also foresees the construction of 23 new substations. In addition, the power company will install new power distribution lines: 1,688 kilometres of cables both high and low voltage.