The Italian energy group Enel has unveiled its 2025-2027 Strategic Plan, planning to invest around €43bn into its grid networks and renewable projects between 2025 and 2027, of which about 75% will be invested in Europe and the remaining 25% in Latin and North America.
About €26bn (60% of the total investment) will be allocated on the improvement and expansion of its grids, of which 78% will be invested in Italy (over €16bn) and Spain (€4bn) and the remainder in Latin America (€6bn). Enel will also invest €12bn (28%) in renewables, seeking to increase its renewable energy production by 12 GW (of which about 70% should come from onshore wind, hydro and batteries) to reach 76 GW of renewable capacity by 2027; 65% of renewable investments will be directed to Europe and 35% to Latin and North America. The group will also invest €2.7bn in its customer segment, expecting to increase its free-market power customer base in Italy and Spain to over 19 million in 2027.
Enel also confirmed plans to close all of its remaining coal-fired power plants by 2027, and to reach zero emissions across all scopes by 2040.
Searching for proven generation costs?
Then CAPEX & LCOE is the database you need. The module provides exclusive insights on both Capital Expenditure and Levelised Cost of Electricity.
Make informed decisions in terms of which technologies to invest in and where. In just a few clicks, access unique, premium data on both thermal and renewable power generation costs by technology and by country. Put our detailed, reliable information to use and benchmark your project.