Enel S.p.A.

ENEL

IT0003128367

Electric Utilities

Market Closed - Borsa Italiana Other stock markets 16:44:59 14/01/2025 GMT			5-day change	1st Jan Change
6.921 ^EUR	0.00%		-1.55%	+0.51%

01-14	Campari, Enel, FinecoBank, Iveco and UniCredit "best pick 2025" for Equita	RE
01-13	Hedge funds, activist funds return to Italy	AN

Enel Americas, investment and growth with 2025-2027 plan

November 27, 2024 at 05:30 am

(Alliance News) - Enel Spa, led by CEO Flavio Cattaneo, has confirmed its commitment to Argentina after positive meetings with President Javier Milei during the G20 in Rio de Janeiro, Milano Finanza reports Wednesday.

The Edesur subsidiary is back to generating positive Ebitda, and the extension of the concession of the 1.3 GW El Chocón hydroelectric power plant strengthens the group's presence. For the period 2025-2027, investments of USD750.0 million in Edesur are planned, subject to appropriate regulatory conditions.

Enel Americas, the South American subsidiary, unveiled its 2025-2027 strategic plan, which forecasts cumulative Ebitda between USD14.50 billion and USD15.10 billion, with capex of USD7.50 billion. Of this, USD6.10 billion will be allocated to the grid sector to improve resilience and USD1.40 billion to power generation, with the goal of reaching 100 percent renewable capacity by 2027.

The plan targets annual Ebitda between USD5.20 billion and USD5.40 billion and profits between USD1.50 billion and USD1.70 billion by 2027, reflecting growth of 12 percent and 20 percent annually, respectively.

Enel Americas, honored as the highest earning company of the year among the 30 listed on the Santiago IPSA index, posted a third quarter profit of USD2.47 billion, surpassing Banco de Chile and Copec.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
MERVAL BUENOS AIRES	2,733,273.32PTS	+2.94%	+173.33%	-
EURO / ARGENTINE PESO	1,071.40ARS	-0.06%	+0.27%	-
US DOLLAR / ARGENTINE PESO	1,040.00ARS	0.00%	+0.43%	-
ENEL S.P.A.	6.921EUR	0.00%	-1.55%	71.32B

Latest news about Enel S.p.A.

Campari, Enel, FinecoBank, Iveco and UniCredit "best pick 2025" for Equita	01-14	RE
Hedge funds, activist funds return to Italy	01-13	AN
Square business, an 8% challenge; the lords of high yield	01-13	AN
Energy in the stock market touches 22% for EUR175.8 billion	01-10	AN
Only London bullish; German exports grow	01-09	AN
Enel, mini-replacement in Libra Flexsys battery company	01-09	AN
BPER and Hera place EUR500 million bond	01-09	AN
Mib above 35,100; up Leonardo, down STM	01-08	AN
Mib accelerates upward after Eurozone macro	01-08	AN
Enel: successful €2 billion bond issue	01-08	CF
Mib touches 35,000 at start; illimity soars	01-08	AN
Enel places two EUR2 billion perpetual hybrid bonds	01-08	AN
Italy's Enel Issues EUR2 Billion Nonconvertible, Subordinated Perpetual Hybrid Bonds	01-08	MT
ENEL : UBS reaffirms its Buy rating	01-06	ZD
European stock exchanges in red; up Saipem, down Stellantis	01-03	AN
A2A S.p.A. completed the acquisition of Enel's electricity distribution in the provinces of Milan and Brescia from Enel SpA.	12-30	CI
Enel: sells 90% of Duereti to A2A	12-30	CF
A2A, acquisition of Enel electricity distribution assets in Lombardy	12-30	AN
A2A completes acquisition of Lombardy distribution assets from Enel	12-30	RE
Enel Unit Completes Sale of Majority Interest in Duereti to A2A	12-30	MT
A2a completes acquisition of Enel electricity distribution in provinces Milan, Brescia	12-30	RE
European stock exchanges in negative territory; MPS rises	12-30	AN
A2A S.p.A. entered into an agreement to acquire Enel's electricity distribution in the provinces of Milan and Brescia from Enel SpA.	12-29	CI
Enel: sale to Masdar finalized	12-24	CF
Enel Unit Completes Sale of Stake in Solar Assets Portfolio to UAE's Masdar for EUR850 Million	12-24	MT

Flavio Cattaneo

Flavio Cattaneo currently works at Enel SpA, as Vice Chairman, CEO & General Manager from 2023, Enel Italia SpA, as Chief Executive Officer from 2023, ITALO – Nuovo Trasporto Viaggiatori SpA, as Executive Vice Chairman, ITALO – Nuovo Trasporto Viaggiatori SpA, as Vice Chairman, Endesa SA, as Vice Chairman from 2023, Enel Iberia SRL, as Chairman from 2023, and Assicurazioni Generali SpA, as Director from 2022.
Mr. Cattaneo also formerly worked at Telecom Italia SpA, as Chief Executive Officer & Director from 2016 to 2017, Fiera Milano SpA, as Chairman & Chief Executive Officer in 2003, TERNA Rete Elettrica Nazionale SpA, as Chief Executive Officer & Director from 2005 to 2010, Rete Rinnovabile Srl, as Chief Executive Officer, Terna Participaçoes SA, as Chairman in 2009, AEM Energia SpA, as Deputy Chairman, Domus Italia SpA, as Chairman, Cementir Holding NV, as Independent Director, Serenissima Gas SpA, as Director, A2A Airport Energy SpA, as Director, Seneca Srl, as Director, Rai-Radiotelevisione Italiana SpA, as General Manager in 2005, Confindustria, as Member-General Council, and Unione Industriali di Roma, as Vice President-Energy & Environmental Policies from 2008 to 2012.
Mr. Cattaneo received his undergraduate degree from Politecnico di Milano.

View full profile

Chart Enel S.p.A.

Duration

Period

ENEL: Dynamic Chart

Company Profile

Enel S.p.A. is Italian No. 1 producer and distributor of electricity. The activity is organized mainly around two areas: - sales of electricity and natural gas: 207.3 TWh of electricity produced, 300.9 TWh of electricity and 8.3 billion m3 of natural gas sold in 2023. The group also develops an engineering and construction of electric production installations and units activity; - transportation and distribution of electricity: 489.2 TWh of electricity transported in 2023. At the end of 2023, Enel S.p.A. had a 1,899,419 km electricity transportation network. Net sales are distributed geographically as follows: Italy (42.8%), Europe (36.5%), America (20.4%) and other (0.3%).

Employees

60,152

Sector

Electric Utilities

Calendar

19/01/2025 - Détachement de for dividende intermédiaire

More about the company