The Italian energy group Enel Group has reported preliminary 2025 results, posting higher earnings driven by international operations (Enel Group press release, 05/02/2026). Ordinary EBITDA grew 2.2% year-on-year to €22.9bn. Revenues rose 1.9% to €80.4bn, boosted by higher wholesale commodity prices and improved grid revenues. These gains offset lower retail prices for residential and small/medium business customers, reduced top-tier sales volumes (mainly in Italy), and lower renewable output due to limited hydro resources.
In 2025, Enel had a total capacity of 92.8 GW (+3%), of which 28.2 GW was located in Italy (+5%), including 16.9 GW of renewables (+4%, with +589 MW of BESS capacity) and 11.3 GW of thermal (+8%, +800 MW of CCGT capacity). In 2025, Enel generated 186.1 TWh of electricity (-3% compared to 2024), including 31.6 TWh in Italy (-9%), due to a lower production from hydropower, wind, and geothermal plants. The group distributed 474.7 TWh on its grids (-1.35%), including 208 TWh in Italy (-4%) to over 31 million customers, and sold 249.9 TWh (-8.6%), of which 57 TWh were sold in Italy (--23%) to 13.7 million customers (-6%).