Slovenské elektrárne, a.s. is a Slovak electric utility

Electric utility

An electric utility is a company that engages in the generation, transmission, and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries. It is indispensable to factories, commercial establishments,...

 company based in Bratislava

Bratislava

Bratislava is the capital of Slovakia and, with a population of about 431,000, also the country's largest city. Bratislava is in southwestern Slovakia on both banks of the Danube River. Bordering Austria and Hungary, it is the only national capital that borders two independent countries.Bratislava...

, Slovak Republic, and successor to the former state monopoly.
It operates nuclear

Nuclear power plant

A nuclear power plant is a thermal power station in which the heat source is one or more nuclear reactors. As in a conventional thermal power station the heat is used to generate steam which drives a steam turbine connected to a generator which produces electricity.Nuclear power plants are usually...

, hydroelectric and fossil fuel

Fossil fuel

Fossil fuels are fuels formed by natural processes such as anaerobic decomposition of buried dead organisms. The age of the organisms and their resulting fossil fuels is typically millions of years, and sometimes exceeds 650 million years...

 power plants. Since April 2006, 66% of the company's shares is owned by the Italian energy company Enel

Enel

Enel may refer to:*Enel SpA, an Italian electricity company*Enel , a fictional villain in the One Piece manga and anime series*Enel, meaning third in the fiction of J. R. R. Tolkien, cf. Awakening of the Elves...

. Enel paid €839 million for shares and it plans to invest a further €1.9 billion in the company over 10 years.

Business Agreements

Slovenské elektrárne has signed a business agreement with Consorzio Paleocapa on September 12th 2010, for future collaboration in fossil fuel power plants operation in Italy and Slovakia.