Enel Green Power, a major global operator in the sector of renewable energy generation, through its subsidiary has inked a financing deal with the export Credit Agency and Citigroup in Dania in order to secure 180 million euros to finance the construction of three wind farms.
read more... 07/05/2012
Enel plans cuts in its dividend payouts and investments over the next five years in order to diminish its debt and keep its credit rating. Mentioning over the share price fall, Fulvio Conti, the chief executive announced the 2012-16 business plan which establishes lower expected growth targets amid a cloudy outlook for Italy and Spain which was needed to clear the situation.
read more... 09/03/2012
According to Enel declarations, the Italian group is ready to invest a considerable amount, of 1 billion euros ($1.4 billion), in Russian assets during 2011-2015. This investment envisages enhancing the quality of production capacities.
read more... 17/03/2011
Yesterday in Rome, the European Investment Bank (EIB) and Enel Green Power (EGP) signed the first EUR 440 million installment of a 600 million Euros loan for financing the company’s three-year investment programme in Italy. EGP represents a subsidiary of the Enel group which operates in the renewable and alternative energies sector.
read more... 15/12/2010
Italy's biggest utility Enel and Korea Electric Power Corp have agreed to collaborate over developing carbon capture and sequestration (CCS) technologies.
read more... 12/11/2010