Enel, the European Investment Bank (EIB), via its development branch EIB Global, and SACE, the Italian export credit agency, agreed on a multi-country, multi-business and multi-currency facility of up to 600 million euros to support sustainable energy investments in Latin America through sustainability-linked financing instruments This is EIB-SACE’s first sustainability-linked transaction and the EIB’s largest […]
Enel successfully launches a 750-million-pound sterling “Sustainability-Linked Bond” in a single tranche – EQ Mag Pro
· Enel Finance International N.V. has placed a pound sterling “Sustainability-Linked Bond” in the market, linked to the achievement of Enel’s sustainability objective relating to the reduction of direct greenhouse gas emissions (Scope 1), contributing to the United Nations Sustainable Development Goal 13 (Climate Action) and in compliance with the Group’s Sustainability-Linked Financing Framework · […]
Italy’s Enel Is Set to Hit Its Goal With First Batch of Climate-Linked Bonds – EQ Mag Pro
Enel SpA says it expects to achieve its renewable energy targets after the first-ever sustainability-linked bonds met their deadline. The Italian utility’s installed capacity of renewable energy plants needed to have hit at least 55% of total capacity by the end of 2021 to avoid a coupon step-up on about $3.7 billion of sustainability-linked bonds […]
Enel Takes On Shell in Bid to Sell Australia Green Electricity – EQ Mag Pro
Enel is Europe’s biggest utility and major renewable producer Shell last month bought green energy retailer Powershop Enel SpA became the latest European energy giant to announce plans to expand its renewable electricity sales in Australia. The Rome-based company will launch a “greentailer” offering as much as 100% renewable power to help customers meet sustainability […]
Enel Agrees to Buy Hydro Assets From Italy’s ERG in 1 Billion Euro Deal
Europe’s biggest utility said it had agreed to acquire a 527 megawatt portfolio of assets from ERG generating an average of around 1.5 terrawatt hours of power per year. MILAN : Enel said it has agreed to buy hydroelectric assets from Italian renewable energy group ERG in a deal worth one billion euros ($1.19 billion). […]
Enel Recycles Blades For Energy Storage
Link up with Swiss company Energy Vault to use old materials for a gravitational energy storage system. Enel Green Power is partnering with Swiss company Energy Vault to integrate the recycling of decommissioned wind turbine blades into the weights used by the latter’s gravitational energy storage system. The partnership aims to integrate the gravity energy […]
Enel Eyes Potential Green Hydrogen Project in Russia
ST PETERSBURG, Russia : Europe’s biggest utility Enel is looking to develop a green hydrogen project in Russia as part of plans to expand its renewable energy business in the country, Enel’s Head of Europe, Simone Mori, told Reuters in an interview. Mori said Enel was looking into the possibility of producing hydrogen in connection […]
Enel sees more opportunities in US renewables under Biden administration
“We have an already ambitious plan so I won’t be saying we will be changing it…but the outlook is more positive, there will be more opportunities,” Enel Green Power Chief Executive Salvatore Bernabei said. MILAN: Enel sees more opportunities for its renewable energy business in the U.S. where prospects have improved with the arrival of […]
Pandemic changes may point way to sustainable cities of the future
Rigid school and office hours have given way to a more flexible system of working during the pandemic that puts less pressure on transport systems and energy grids LONDON: City dwellers and planners should build on the dramatic changes swept in by COVID-19 to create a more sustainable and low-carbon future, urban experts told a […]
Enel, Qatar’s Sovereign Fund to Develop Renewables in Africa
Enel SpA has signed a joint venture agreement with Qatar Investment Authority, the Middle East nation’s sovereign wealth fund, to own and develop renewable energy projects in Africa. Enel Green Power, a unit of the Italian utility, will partner with QIA, which will acquire a 50% stake in about 800 megawatts of projects built and […]
