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Stock impact report

Deadly Blast at Enel Plant in Italy Came Amid Maintenance Work [BNN Bloomberg (Canada)]

ENEL SPA UNSP/ADR (ENLAY) 
NASDAQ:AMEX Investor Relations: enel.com/investors
Company Research Source: BNN Bloomberg
The accident took place some 40 meters (131 feet) underground Tuesday afternoon amid maintenance to upgrade the Enel Green Power plant in Bargi, near the city of Bologna. A subsequent explosion led to the collapse of a building's structure, with a water pipeline breaking and flooding the site, Italian media reported. A spokesperson for Italy's national fire department confirmed three deaths at the facility, speaking to Sky TG24 television, adding that hopes are dwindling that workers still listed as missing will be found alive. Bologna-based prosecutors said Wednesday they'll open an investigation into responsibility for the accident, with a possible focus on contractors hired for the renewal of the plant's turbines. Enel Green Power said in a statement that it's cooperating with authorities looking into the incident. Enel Green Power said Wednesday contractors included units of Siemens AG, ABB Ltd. and Voith GmbH & Co KGaA. The plant, which started up in 1975, can pump water Show less Read more
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