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Enel plans to invest 43 billion in 2025-27 period

26 billion on grids, 12 billion on Renewables

Redazione Ansa

(ANSA) - ROME, NOV 18 - Italian energy group Enel said Monday that it intends to invest around 43 million euros over the next three years as it presented its strategic plan for the 2025-2027 period.
    It said about 26 billion euros of that money will go on grids, around 78% of which will be invested in Italy and Spain, and about 22% in Latin America.
    It said approximately 12 billion euros will be invested in renewables, adding around 12 GW of capacity, with an improved technological mix that foresees over 70% of onshore wind and dispatchable technologies (hydro and batteries) and an overall capacity of about 76 GW and an increase of over 15% in production in 2027. (ANSA).
   

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