The company’s revised medium-term plan states that a total of approximately €35.8 billion in capital investments will be made over the following three years. Of this, €12.1 billion will go toward renewable energy sources and €18.6 billion – toward the electrical grid. Of the total capex, approximately 49% will come from Italy.
Enel plans to cut expenses by roughly €1.2 billion by 2026. The company also plans to lower net debt by roughly €11.5 billion in 2023–2024 through asset sales.
Specifically, the business declared the $1.4 billion sale of its Peruvian generating assets to Niagara Energy, a local business.
Enel anticipates a net profit of €7.1–7.3 billion in 2026 and an EBITDA of €23.6-24.3 billion.
source: ft.com
