Endesa Chile, a subsidiary of Italian energy firm Enel and the South American country's principal power producer, has announced that its 2014 profits came in at $557.5m, a 5 per cent drop from the previous year.
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E.ON CEO and President of Eurelectric Johannes Teyssen has told a gathering of European Union electricity industry executives and EU policy makers that Europe’s power industry faces a deeper crisis due to poorly conceived energy market designs.