Formed in 1985 from a merger to form the US’s largest natural gas pipeline distributor. By the mid 1990s, Enron was establishing power generation ventures both in the US and internationally. Core efforts are as the U.S. largest natural gas and electricity buyer and seller, as well as a giant in
the water and waste water management industry (entered water market in 1998). Enron is gaining wide praise throughout business circles for its major strategic move into the ‘new economy’, with its vast new online operations. To this day, Enron operates as a profitable and successful global enterprise.