The Bank's IMI Corporate & Investment Banking Division acted as co-advisor in the partnership agreement between the Enel Group and Masdar for the management of photovoltaic systems in Spain
The group is restoring solid generation of operating cash flows and in the first half of 2024 it reduced debt to around 55 billion euros, reaching one of the lowest levels of leverage in the entire sector. Cattaneo: "Excellent results…
Inpex chooses Australia for renewable energy projects and starts the JV with Enel with the first project. Enel explores future collaborations in Japan and signs a partnership with Unicamp in Brazil for the energy transition
Questions three times the offer for the Enel "Sustainability-Linked Bond" denominated in dollars, aimed at institutional investors and divided into two tranches. The proceeds will finance the group's financial needs, including the refinancing of maturing debt
Stock markets begin uncertainly after the Fed confirmed market expectations yesterday, extinguishing any hope of immediate rate cuts. Wall Street, however, has once again shown its muscles and is breaking new records. Apple still on the rise.…
CEO Flavio Cattaneo guides Enel towards cash flow neutrality and continues with determination the divestment plan to reduce the debt, which has already fallen to 54 billion euros even considering the divestments now underway…
Despite the decrease in revenues, Enel reported a notable improvement in profitability and ordinary net profit in the first quarter of 2024, confirming Cattaneo management's positive outlook and full-year guidance
In 2023, almost a thousand people took part in the Enel Volunteering program in collaboration with third sector organizations and many other employees are ready to take the field this year
LNG terminals can help the Italian energy transition, the one in Porto Empedocle is certainly the most controversial. Why think about building it in a UNESCO heritage area? The government included it in the Energy Decree but the population remains against it
The Authority: “Received numerous complaints about significant price increases without prior information or possibility of withdrawal”. Enel: "Always respected the rules"
On the fourth day of operations, the body of the last missing worker was also recovered. More than 200 men at work. Bernabei, CEO of Enel Green Power to Corriere: "No safety alarms"
Suviana explosion, the latest news from the Bargi hydroelectric power plant. The prosecutor of Bologna: "Inspections on contracts and subcontracts". Mayor Lepore: "Enel, Government and companies collaborate in the investigations". Meanwhile, from Enel Green Power, a fund of 2 million euros...
The initiative, in collaboration with the Igea Foundation, is aimed at all employees over 45. The project offers free individual meetings with neuropsychologists to evaluate cognitive abilities and provide guidance on further tests. Train the Brain fits into…
Ordinary EBITDA also grew strongly (+11,6%), while cash generation exceeded the historical maximum value by 3 billion. Debt goes down. CEO Cattaneo: "All 2023 targets achieved, already increased in November"
The Italian electricity market sees Enel and A2A as protagonists for the rationalization of the networks in Lombardy. Agreement for a NewCo by the end of the year
The two Italian giants join forces for research and experimentation on mini reactors. Both Enel and Ansaldo already boast experience and investments abroad.
Fabio Bosatelli, Head of Automation and Robotics at Enel Green Power, has been affected by profound deafness since birth: "The challenge for companies is to be inclusive"
A large and varied package of initiatives ranging from support to parents with children with disabilities and courses for over 45s, to inclusive communication and programs for gender equality
The bond, perpetual and intended for institutional investors, is intended to refinance in advance the next maturities of the portfolio of bonds of the same type. Here are all the details
The program aims to promote gender equality in the workplace and counter stereotypes that hold women back from undertaking STEM studies. Meetings held in 61 Italian high schools where Enel group professionals shared their…
The outcome of the auctions of the future service with gradual protections regarding electricity has been announced: 7 lots each for Enel and Hera, 4 for Edison, 3 for Illumia. While A2A and Iren are assigned 2 lots and one…
By 2024 the Enel group's "sun factory" will be the largest in Europe for very high performance photovoltaic panels, with a capacity of 3GW/year - Prime Minister Giorgia Meloni visiting the site: "We have to believe in it and work"
Milan is the only European financial center in the red but only because today was the day of distribution of dividends by large groups - S&P collects new records
The Enel Green Power group subsidiary has completed the sale of a 50% stake in its Greek renewables company to Macquarie Asset Management, generating an enterprise value of 980 million
Falling energy prices and high interest rates are reducing the balance sheets of the big Italian energy companies. Enel confirms itself in first place in terms of turnover. The report of the CoMar Study Center
Enel presents the new 2024-2026 strategic plan by Flavio Cattaneo: more investments on the networks and in Italy, more selective for those on renewables, growing financial targets and minimum fixed dividend of 0,43 euros for 2023 with potential payout...
The six energy companies are accused of aggressive practices and of forcing consumers to accept worsening contract changes, with price increases on their bills. The heaviest fine for Enel: 10 million. Eni: we are in order, we will appeal
The general improvement in Enel's operating picture pushes CEO Flavio Cattaneo to revise the guidance upwards - The custom of the interim dividend at the beginning of the year confirmed
In the study on the main Italian companies carried out by the Mediobanca Research Area, Generali stands out among the insurance companies. Intesa Sanpaolo stands out in the banking sector
The new sale in Chile is expected to have a positive impact on the Enel Group's net debt of approximately 525 million euros and on the Group's reported net profit for 2023 of approximately 50 million euros
The operation is in line with Enel's Strategic Priorities to promote the profitability of invested capital and to achieve a simplification of the structure
The Italian electricity company is the largest operator of sustainable mobility services in Latin America and is now landing on a market with enormous potential such as the Brazilian one, where it is already present in energy distribution and…
The sale of 50% of the two companies that together make up Enel Green Power Australia has been finalized. The Joint Venture with Inpex will develop new projects with the aim of increasing the company's production capacity. Positive impact on Ebitda of approximately 95 million…
Sirti Digital Solutions will continue to support the energy giant both in the development of the telecommunications infrastructure and for maintenance activities at a global level
The Enel logo will appear on the LEDs on the sidelines and on the pre- and post-match backdrops. Furthermore, personalized packages are provided for the company's employees and customers made available by the Giallorossi Club
Flavio Cattaneo's Enel takes shape. The CEO confirms the guidance for 2023 and focuses on greater attention to costs and capital allocation. "We will not sell Endesa". The debt rises
European stock exchanges without polish at the halfway point of the weekend. Positive Nasdaq futures. Enel collects the EU loan for the 3Sun factory. Good Pirelli
Antonello Cammisecra leaves Enel at the end of the month after a long career within the group and the leadership of Enel Green Power. The new team of CEO Cattaneo takes shape
According to El Confidencial Repsol would be interested in Endesa, but Enel denies any sale hypothesis: "It is a fundamental asset, there has never been any meeting"
The company, controlled by Enel Green Power, presented three new products at the Intersolar Europe 2023 fair underway in Munich. 3Sun produces its modules in the Catania gigafactory
Flavio Cattaneo has started the round of internal appointments of front line managers. Alberto De Paoli leaves his position as CFO and moves to lead North and South America
Enel launches Enel Fibra, a new Fiber To The Home technology offer. Speeds of up to 1 Gigabit/s download and 300 Mbit/s upload without activation costs
The rate hike seems to be drawing to a close but the markets are waiting to understand the moves of Powell and Lagarde. Vivendi against raises for the Tim network. Cattaneo books Armani for the new Enel team
The first industrial area in Bu7ccino, in the province of Salerno, starts the use of photovoltaics for production. Synergy between Enel, FICEI and the Magaldi Group
Kevin Stitt, governor of the state of Oklahoma, has decided to apply the IRA launched by the Biden administration. The new Enel 3 Sun factory will have a capacity of 3 GW, which can be doubled
The affirmation in the Enel meeting does not erase the defeat of Assogestioni at Leonardo's meeting where it remained dry-mouthed, outclassed by foreign funds
The Enel shareholders' meeting approved the MEF and Assogestioni lists. Covalis list rejected. Greetings from Francesco Starace who is leaving after 9 years at the top and 23 years at Enel: "I am leaving a successful company": Giorgetti: "I…
Europe awaits US data, industrial production slows down in Italy. Telecom shines but the spotlights are on the Enel assembly which decides on the appointments: the choice of Paolo Scaroni as president will be fought. Annual Bot Auction: yields slightly up
Paolo Scaroni's candidacy for the presidency warms up the Enel assembly - Users of Microsoft's artificial intelligence platform explode - Waiting for American inflation
The Enel shareholders' meeting, support for the joint consortium for the Tim network and the possibility of an Mps-Banco Bpm alliance: these are the three hot dossiers of the Treasury on which Piazza Affari is focusing
Francesco Starace presented the last quarter after 9 years at the helm of Enel. Revenues down due to the gas effect but profitability on the rise. The Board imposes silence until the meeting on the appointments
The proxy advisor also recommends a separate vote from the board list for the presidency and to vote for Marco Mazzucchelli of the Covalis list as president and not Paolo Scaroni. He shares concerns about the opacity of the MEF's decision-making process
In the round of appointments, the proxy advisor ISS takes the field and promotes Scaroni as president. Mazzucchelli (proposed by the foreign fund Covalis): "A cultural change would be needed"
This is the second foreign fund to express criticism of the government's moves on Enel's appointments, which were received coldly by the markets. What will happen at the meeting?
European stock markets rebound at the opening, reinvigorated by China's higher-than-expected growth. Enel: funds on a war footing. Leonardo: an armchair for two?
After the lists of the Government and Assogestioni comes that of Covalis Capital according to which "the uncertainty surrounding the board appointment process contributes to ensuring that Enel's shares are traded at a discount"
According to the Authority, a dominant position appears to be possible in the markets for the installation and management of columns for electric recharging
Politically, Meloni wins but does not win hands down on the appointments and the counterattack of Lega and Forza Italia hits the very armchair of Enel, to the delight of Caltagirone - Eni and the Post Office remain the CEOs chosen at the time by Matteo Renzi...
The government has reached agreement on the most important appointments: here are all the names for Enel, Eni, Leonardo and Poste. Terna: Thursday 13 the decisions of the CDP, names ready
US inflation slows down but the hard core remains higher than expected. Contrasted European stock exchanges, Milan the best. Euro recovers against dollar
The sale of the energy distribution, supply and services assets will generate a reduction in the Group's consolidated net debt of approximately €3,1 billion in 2023
The spring of appointments at the top of large public groups is in full swing. White smoke is expected around Easter. Here's what lies ahead for Eni, Enel, Terna, Poste Italiane and Leonardo but also for Enav, Trenitalia and Rfi
In the last few days, 3 tenders worth 38 million won for projects in Calabria, Liguria and Puglia. The Capodacqua hydroelectric plant in Arquata del Tronto is back in service
The candidacies of Scaroni for the presidency of Enel and of Rinaldi for that of ENI, put forward by Berlusconi and Salvini, make many turn up their noses and Meloni does not like them. For this reason, someone suggests the Sapelli hypothesis for the presidency of ENI, a…
In the shock year for the energy markets with the war in Ukraine, the Enel group closes the 2022 budget with a last net of 1,6 billion and an Ebitda close to 20 billion. Increased remuneration for shareholders. Starace:…
Newcleo has secured Enel an option as the first investor in the first nuclear plant that the Anglo-Italian start-up will build outside Italy: it will be in France by 2030
Enel could sell energy distribution activities in Peru to Southern China Power for 3 billion dollars, as part of divestments to reduce debt: here are all the details
World Energy Outlook presented. According to the number one of the IEA, "Next winter could be difficult, but Europe is better off than we hoped and the crisis is pushing the transition". Starace, Ad Enel: "The acceleration on renewables will continue"
Important milestone for the local Italian fintech controlled by Enel and Intesa Sanpaolo. 561 thousand cards issued in 2022 for prepaid also elected "product of the year"
For the first time in a public placement of a bond, a tranche of the issue combines the EU taxonomy with the objectives of the United Nations. Here are all the details
The "non-recourse" financing agreement with Unicredit is supported by the green guarantee of Sace, to expand the largest Italian solar panel factory, in Catania - Enel also launches sustainability linked bonds in 8 and 20-year tranches
After the approval of the 2022 preliminary accounts, what are Enel's next challenges for 2023? Here are the four pillars on which the group's top management is working
The preliminary results of Enel's 2022 financial statements report a reduction in debt of 10 billion compared to September 2022. Revenues +64%. Advance the debt-cutting plan
The 2030 Plan for the electricity sector drawn up by Enel, Althesys and Elettricità Futura will guarantee Italy environmental sustainability and energy independence. Here's everything you need to know
By 2024, the Catania factory will increase production 15 times, rising to 3Gw per year - Investments for 600 million and new jobs - The 3Sun model will be exported to the USA
The Fitch rating agency confirms its opinion on Enel and its subsidiary Endesa with a stable outlook. Debt reduction promoted through the disposal plan
Enel sets a record in new renewable capacity installed in 2022 and confirms 2025 targets. Plan for the sale of assets in Peru progresses, analysts optimistic
The financial week begins auspiciously - Stock markets in Japan and India rise, Stock Exchange opens higher, positive futures for Wall Street - US GDP expected
But it's not just the electric car, "behind there is a deeper concept of public mobility, which goes beyond environmental considerations". This was stated by the CEO of Enel, Francesco Starace, presenting the fourth edition of "100 Italian…
