Enel is looking to expand by a yearly rate of 20%; by 2014, that would take its EBITDA to five times its size. Enel’s EBITDA in Russia would therefore go from 252 million EUR in 2009 to 1,099 million EUR by 2014, according to Managing Director Fulvio Conti. Mr Conti spoke at Enel’s first Investor Day in Russia. He stated that Russia’s energy market .