Sept. 6 - "Ensuring that everyone has access to modern energy systems will require an investment for the most innovative technologies" said Fulvio Conti, Enel’s CEO and General Manager in front of the Heads of State and Government at the G20. He was the only Italian business leader allowed to speak at the event, held this morning in St. Petersburg. Conti met the President of the Russian Federation Vladimir Putin and other Heads of State and Government in the second and last day of the summit. The summit – hosted for the first time by the Russian presidency – opened yesterday, with political leaders gathering for their annual summit focused on economic growth and employment. Better access to energy, communications and health care are the recommendations that Conti, who co-chaired the B20 Task Force dedicated to "Innovation and Development as a Global Priority," put forth. With regard to energy issues, Conti emphasized the need to achieve a stable and harmonized regulatory framework to ensure open markets, enabling a balanced mix of technologies that will enhance reliability, innovation and sustainability. "To ensure that everyone has access to modern energy systems, $1000 billion investments will be needed for the most innovative technologies by 2030," said Enel’s managing director, a group that is one of the leading operators in the fields electricity and gas in Europe and Latin America. " Such an amount of investments will require opening markets and eliminating distorting measures such as inefficient subsidies. Government rules should be stable and long-lasting, so that they can reassure and incentivize the private sector to invest in key areas." The Enel Group is now present in 40 countries on 4 continents, working in the field of power generation with a net installed capacity of 98 GW and distributing electricity and gas to 61 million customers through a network of 1.9 million kilometers.

FULVIO CONTI AND THE B20 DELEGATION

Fulvio Conti, born in Rome in 1974, was the only Italian business leader among 7 CEOs of global groups to speak in front of the world’s political leaders. Conti was part of the B20 delegation, consisting of 29 international business leaders who presented recommendations, included in the "White Paper," to President Vladimir Putin, Prime Minister Enrico Letta, Prime Minister David Cameron, Chancellor Angela Merkel, President François Hollande, Prime Minister Recep Tayyip Erdogan, Mexican President Enrique Peña Nieto, Commission President José Manuel Barroso, and Ban Ki -moon secretary-General of the United Nations, among others. Conti graduated in economics from the University "La Sapienza" of Rome, and later joined Mobil Group in 1969, where he held various managerial positions in Italy and abroad and eventually, between 1989 and 1990, became the chief financial officer for Europe. In 1991, he was director of administration, finance and control for Europe for the American Campbell Society, before becoming director of administration, finance and control at Montecatini (1991-1993). He was then in charge of finance at Montedison- Compart (between 1993 and 1996), overseeing the financial restructuring of the Group. Conti then was General manager and chief financial officer of the State Railways between 1996 and 1998, and he also held important positions in other companies of the Group (including Metropolis and Major Stations). Vice President of Eurofima in 1997, between 1998 and 1999 Conti served as general manager and chief financial officer of Telecom Italia, holding also important positions in the companies of the Group (including Finsiel, TIM, Syrtes, Italtel, Meie and STET International). From 1999 to June 2005, he served as chief financial officer. Chief Executive Officer and General Manager of Enel. As of May 2005, Conti is also director of AON Corporation, Barclays plc and RCS Mediagroup. He is also vice president of Endesa, of Confindustria’s Study Center, and adviser for the National Academy of Santa Cecilia and the Italian Institute of Technology. Awarded an honorary degree in electrical engineering from the University of Genoa (conferred in 2007), Conti was appointed Cavaliere del Lavoro of the Italian Republic in May 2009 and in December of the same year the French Republic awarded him the Officer of the Legion of Honor.