Enel Italia announces that it has finalized the sale of its 49% minority stake in Enel Libra Flexsys to Sosteneo Energy Transition 1 for 1.1 billion euros.

Enel Libra Flexsys owns and operates a portfolio comprising 23 battery energy storage systems with a total capacity of 1.7 GW and 3 open-cycle gas turbine retrofit projects with a total capacity of 0.9 GW.

This transaction is in line with the Enel Group's 'Partnership' business model, aimed at maximizing productivity and return on investment while maintaining control of strategic assets.

Enel Italia retains control of Enel Libra Flexsys.

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