Stephane Zweguintzow appointed General Director of Enel Russia

Published on Wednesday, 22 April 2020

Moscow, April 22nd, 2020 – The Board of Directors of PJSC Enel Russia appointed Stephane Zweguintzow as the General Director of the Company. Stephane will take the new office on May 1st. Mr. Zweguintzow will step down as Chairman of the Board of Directors of PJSC Enel Russia.

In the position of General Director, he succeeds to Carlo Palasciano Villamagna who was heading the Company for the last five years and decided to continue his career within the perimeter of Enel Group. This important period was marked with Enel Russia’s start of diversification of technology profile towards lower carbon footprint. The Company disposed 3.8 GW of coal-fired Reftinskaya GRES from October 1st, 2019 and won 362 MW of wind capacity: Kolskaya WPP (201 MW) and Azovskaya WPP (90 MW) and Rodnikovskaya WPP (71 MW). Moreover, in thermal generation the Company was awarded modernization projects for 370 MW.

Mr. Zweguintzow has been working for Enel Group for more than 20 years. Specifically, he headed the Enel Moscow Office since its creation in 2000 until late 2007. During this period the management contract for the North-West Thermal Power Plant in St. Petersburg was signed as well as the acquisition of shares in OJSC OGK-5 (later OJSC Enel OGK-5 and now PJSC Enel Russia), LLC Rusenergosbyt, and LLC Severenergia. Further on, from 2008 until 2010 he headed the Russian Gas Department of Enel’s Upstream Gas Division. During the next three years, he headed the Business Development Department of Enel in France. In June 2013, Stephane was re-elected to the Board of Directors of OJSC Enel OGK-5 and in July of the same year the Board elected Mr. Zweguintzow as its Chairman.

Since 2014, Stephane Zweguintzow has been working for PJSC Enel Russia, serving as External Relations Director and heading the Company’s Sustainability department. In 2018 he was appointed as Director of People and Organization.

Stephane Zweguintzow was born in 1968 in France. Mr. Zweguintzow has a degree in international business from Institut d’Etudes Politiques in Paris. He started his career in 1992 in France in companies in the chemical and petrochemical industry, where he was involved in project management in Russia and Central Asia.

He is a native speaker of French and Russian and is fluent in English and Italian.

About Enel Russia PJSC Enel Russia is a subsidiary of Enel Group. PJSC Enel Russia operates the following three gas power plants: Konakovskaya GRES, Nevinnomysskaya GRES and Sredneuralskaya GRES. The company’s total gross installed electrical capacity is 5,628.7 MW (equivalent to 5,255.4 MW net installed capacity) and thermal capacity is 2,032 Gcal/h. A coal-fired power plant Reftinskaya GRES of 3.800 MW under temporary company’s operation during the transition period required to complete the sale transaction with its new owner JSC Kuzbassenergo. Besides that, PJSC Enel Russia implements three projects in the field of wind generation: Azovskaya WPP (90 MW), Kolskaya WPP (201 MW) and Rodnikovskaya WPP (71 MW). PJSC Enel Russia’s authorized capital is 35,371,898,370 roubles, which is divided into ordinary shares with a par value of 1 rouble. The Enel S.p.A. share in the company’s authorized capital is 56.43%, PFR Partners Fund I Limited’s share is 19.03%, Prosperity Capital Management Limited’s share is 5.74% and other minority shareholders’ share is 18.8%. PJSC Enel Russia shares are listed in Level 1 the Moscow Exchange quotation list. The company was established in Yekaterinburg on October 27, 2004 as OJSC OGK-5. On July 7, 2009 by the resolution of Annual General Shareholders’ Meeting the company was renamed OJSC Enel OGK-5 and on August 8, 2014 the Federal Tax Service registered the new version of the company’s charter with the name OJSC Enel Russia. On June 25, 2015 the company changed its legal type and was renamed PJSC Enel Russia. You can follow the company’s news in social media such as Facebook, Instagram, Twitter and YouTube