Enel has announced a 23% increase in its investments, amounting to 53 billion euros, as part of its revised strategic plan for 2026-2028, with significant funds allocated to electrical networks and its Spanish subsidiary, Endesa.
The Italian group Enel has revealed a substantial increase in its investment plan, raising the total to 53 billion euros, which marks a 23% increase over its previous budget for 2023-2025. This revision emphasizes growth and profitability for shareholders, highlighting goals for sustainable energy and better electrical infrastructure. A key portion of these investments, around 26 billion euros, is specifically allocated to enhancing electric networks, underlining the company's commitment to sustainable energy solutions.
Out of the total investment, Enel plans to earmark approximately 5.2 billion euros for its Spanish subsidiary, Endesa. This indicates not only the importance of the Spanish market within Enel’s broader strategy but also highlights the company's focus on regions that show the most promise for future growth. By actively engaging in the energy sector during a time of transformative change, especially with respect to renewable energy, Enel aims to solidify its market leadership.
Enel has also engaged with its shareholders, celebrating the 'Shareholder Day' on which the company acknowledged the 15 billion euros distributed in dividends and share buybacks over the last period. Overall, these new investment strategies represent a bold and strategic commitment to meet evolving energy demands while enhancing profitability and operational efficiency, setting the stage for future advancements in the renewable energy landscape.
