Italy’s Enel Plans to Boost Investments, Cut Costs as Part of 2024-26 Strategy

Updated Nov. 22, 2023 2:58 am ET

Enel plans to boost investments in grids and refocus its renewables strategy while boosting cash generation and cutting costs as part of its plan for the 2024-26 period.

The Rome-based energy company said it aims to focus on its regulated businesses, improving grids’ resiliency and digitalization, and on higher-margin renewables investments, specifically in onshore wind, solar and battery storage.

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