Duyuru • Apr 22
Enel SpA, Annual General Meeting, May 12, 2026 Enel SpA, Annual General Meeting, May 12, 2026, at 14:00 W. Europe Standard Time. Location: via dalmazia n 15 00198, roma Italy Duyuru • Mar 09
Sembcorp, Hexa Climate Solutions Reportedly Vie for the India Renewables Business of Italy's Enel in $300-Million Deal IPO-bound Singapore's Sembcorp Industries Ltd. (SGX:U96)'s Indian renewable energy business and Hexa Climate Solutions (Hexa Climate Solutions Private Limited) are vying to acquire the entire India renewable business of Italy's Enel Group (Enel SpA (BIT:ENEL)) in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd. (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital. The HSBC-run sale process follows a deal signed last year-which later fell through-under which Waaree Energies Ltd. had agreed to buy 100% of Enel Green Power India Pvt Ltd. (EGP India) from its parent Enel Green Power Development S.R.L. for INR 7,920 million. Mint first reported on 15 November 2023 that Enel Group planned to exit its India renewable business. "Enel Group's entire India renewable business is back on offer again and Sembcorp and Hexa are in talks for it," one of the two people cited above said, requesting anonymity. Enel Green Power India's portfolio comprises 760 megawatts (MW) of operational wind and solar assets, and a development pipeline of 2.5 gigawatts (GW). The company has been present in India's renewable sector since 2015 and in 2020 it partnered with Norway's state-owned investment fund Norfund to jointly finance, build and operate new renewable projects in the country. Spokespersons for Enel Group and HSBC, as well as Hexa Climate Solutions' founder and executive chairman Sanjeev Aggarwal declined to comment. Queries emailed to Sembcorp Industries Ltd. on Thursday evening remained unanswered till press time. Duyuru • Apr 11
Enel SpA, Annual General Meeting, May 22, 2025 Enel SpA, Annual General Meeting, May 22, 2025, at 14:00 W. Europe Standard Time. Duyuru • Jun 10
JSW, Torrent, Masdar Among Suitors for Enel's India Assets About half a dozen investors, including Abu Dhabi Future Energy Company PJSC - Masdar of the UAE, Singapore's Sembcorp Industries Ltd. (SGX:U96), JSW Energy Limited (BSE:533148), Torrent Power Limited (NSEI:TORNTPOWER), Sekura Energy Limited and Oil and Natural Gas Corporation Limited (NSEI:ONGC), have submitted non-binding bids to acquire 760 MW of operational assets in India that have been put on the block by Italy's Enel Group, said people aware of the development. HSBC is advising Enel on the sale. The proposed deal may have an enterprise value of $500 million (INR 41.00 billion), the sources said. The portfolio of Enel Green Power India Private Limited comprises 760 megawatts (MW) of operational wind and solar power assets and a development pipeline of 2 gigawatts (GW). Of the operational capacity, solar power projects comprise 420 MW, with the balance 340 MW coming from wind power. Last year, Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway's largest pension company, had together committed $100 million of equity and guarantees for a 168 MW wind power plant developed by Enel Green Power in India. In 2020, Norfund and Enel Green Power (EGP) entered into a joint investment agreement for renewable energy projects in India. Their first project together, the 420 MW Thar solar plant, was announced in 2022. Enel Green Power, founded in 2008 within the Enel Group to develop and manage renewable power projects globally, operates over 63 GW of installed renewable capacity at 1,300 plants in Asia, Europe, Africa and America. EGP had strengthened its position in India through an acquisition of a majority stake in renewable energy company BLP Energy for INR 30 million (INR 2.20 billion) in 2015.Enel, ONGC, Masdar and Sekura Energy spokespersons declined to comment. JSW, Sembcorp and Torrent didn't respond to queries. Energy producers such as Sekura Energy, Sembcorp and Masdar Energy are already in the race for several Indian renewable assets that are on the block. These three were among the contenders for the 2 GW renewable portfolio of Brookfield in India that's up for sale at an estimated enterprise value of $800 million - 1 billion (INR 66.00 billion - INR 83.00 billion). JSW Neo Energy and Sekura Energy are among the bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), at a valuation of about $2 billion, ET had reported. ONGC is another contender for several assets in the clean energy space as part of decarbonising its operations. ONGC plans to have a renewable energy capacity of 10 GW by 2030 at an investment of INR 1 lakh crore. The outlook for the renewable energy (RE) sector remains stable, led by strong policy support from the government, superior tariff competitiveness and sustainability initiatives by large commercial and industrial (C&I) customers. Duyuru • Oct 27
Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion. Public Power Corporation S.A. (ATSE:PPC) signed an exclusivity agreement to acquire Enel assets in Romania from Enel SpA (BIT:ENEL) on December 14, 2022. Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.3 billion on March 9, 2023. In addition, the total consideration is subject to adjustments customary for these kinds of transactions as well as to an earn-out mechanism for a potential additional payment based on the future value of the retail business. PPC intends to finance the Acquisition with a combination of debt and cash on balance sheet, with €800 million of committed debt financing in the form of a €485 million 5-year term loan facility through Greek banks and a €315 million bridge facility through international banks. The transaction is subject to due diligence and approval by antitrust authorities. As of February 4, 2023, the exclusivity period for negotiations has been extended until February 28, 2023. As of June 26, 2023 European Commission approved the transaction. The transaction is expected to close in third quarter of 2023. Citigroup Global Markets Europe AG, Goldman Sachs Bank Europe SE, HSBC Continental Europe acted as financial advisors, S.A, Lisa O’Neill, Apostolos Gkoutzinis, Andrew Reilly, Trevor Truman, and Alan Rafferty of Milbank LLP acted as a legal advisor, Cornelia Bumbacea, Andreea Bistriceanu, Andreea Oprescu, Laura Paraschiv, Andreea Puiu, Daniel Anghel, Ruxandra Târlescu, Adina Vizoli, oana Bara, Ludmila Petrescu, Claudiu Simionescu, and Anca Lungeanu of PwC Romania, PwC Greece and Anda Rojanschi, Cristina Paduraru and Ovidiu Bold of D&B David si Baias experts provided due diligence, tax structuring advice and support on the complex financial and tax aspects of the transaction documents, as well as legal advice to Public Power Corporation S.A. (ATSE:PPC). Clifford Chance LLP acted as legal advisor to Enel SpA in the transcation.Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion on October 25, 2023. Following the fulfillment of all the conditions precedent customary for these kinds of transactions set forth in the related sale agreement closed the transaction. AXIA Ventures Group and Euroxx Securities SA acted as financial advisors to PPC. Duyuru • Oct 26
Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA acquired Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA signed a stock purchase agreement to acquire Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. for an enterprise value of $550 million on July 12, 2023. The total consideration, subject to adjustments customary for these kinds of transactions. The closing of the sale is subject to certain conditions precedent customary for these kinds of transactions, including the clearance from the Chilean antitrust authority Fiscalía Nacional Económica (FNE).Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA completed the acquisition of Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. on October 25, 2023 Duyuru • Jul 13
Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA signed a stock purchase agreement to acquire Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. for an enterprise value of $550 million. Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA signed a stock purchase agreement to acquire Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. for an enterprise value of $550 million on July 12, 2023. The total consideration, subject to adjustments customary for these kinds of transactions. The closing of the sale is subject to certain conditions precedent customary for these kinds of transactions, including the clearance from the Chilean antitrust authority Fiscalía Nacional Económica (FNE). Duyuru • Jul 06
Enel Dismisses Rumours over Sale of Endesa Enel SpA (BIT:ENEL) dismissed suggestions that it is planning to sell its majority stake in Spain’s Endesa, S.A. (BME:ELE) and that a deal had been discussed involving energy group Repsol, S.A. (BME:REP). El Confidencial reported on July 4, 2023 that Repsol Chairman Antonio Brufau had met Borja Prado, an investment banker and former Endesa chairman, to discuss a potential takeover of Endesa before Spain’s election this month. “Enel dismisses the rumours about Endesa as totally groundless,” the Italian power group said in a statement, responding to a report by Spain’s El Confidencial. “Enel has no intentions of selling its stakes in Endesa, neither now nor in the future, as the company is a key asset for its strategy.” The Italian company also emphasised that there have been no discussions on any such deal. “There has never been any meeting between the managers of Enel and Repsol, nor with Borja Prado. This false news risks having distorting effects on the performance of the stock market,” it added. A Repsol spokesperson said that company is not studying any deal for Endesa. Enel’s 70% stake in Endesa, Spain’s largest electricity provider, has a market value of nearly EUR 15 billion ($16 billion) at July 4, 2023 share prices. Its sale would significantly reduce Enel’s net debt, analysts at Equita brokerage said in a report. However, it added that the Italian group’s current asset disposal strategy does not include the stake in the Spanish group. Duyuru • May 10
Enel S.p.A. Announces Resignation of Annachiara Svelto to Board of Directors Enel S.p.A. announced that Ms. Annachiara Svelto resigned on 08 May 2023 evening, effective as 09 May 2023, from her position as a member of the Company's Board of Directors. The resignation is due to the inclusion of Ms Svelto in a slate of candidates for the office of member of the Board of Directors of Terna S.p.A. ('Terna') filed in view of the Shareholders' Meeting of that company convened for May 9, 2023, and takes into account the incompatibility provided for in Terna's Bylaws between the position of board member of companies active in power or gas generation or supply and the position of board member of Terna. In the 2020/2022 mandate, Ms. Svelto, as an independent Director of Enel, has also been Chair of the Related Parties Committee and member of the Nomination and Compensation Committee established within the Company's Board of Directors. Duyuru • Feb 07
Enel Enters into Exclusive Talks to Sell Stake in 3Sun Solar Plant Enel SpA (BIT:ENEL) has entered into exclusive talks to sell a stake in 3Sun Solar, its photovoltaic panel production site in Sicily, Chief Executive Francesco Starace said on February 6, 2023. "We will make an announcement in the coming days," Starace said on the sidelines of an Enel event. Starace also said he thought it was time for the West to reduce its dependence on China for solar panel production. Duyuru • Feb 03
EDP Brasil to Look At Possibility of Buying Enel-Owned Power Distributor in Ceara EDP - Energias do Brasil S.A. (BOVESPA:ENBR3) may sell stake in coal-fired PECEM Power Plant, but no decision has been taken so far, CEO says. EDP Brasil will look at possibility of buying Enel SpA (BIT:ENEL)-owned power distributor in Ceara, CEO says. Duyuru • Aug 04
Enel Reportedly in Late-Stage Talks to Buy ERG Assets Enel SpA (BIT:ENEL) is in late-stage talks to buy a set of assets from Italian renewable energy group ERG S.p.A. (BIT:ERG) that could be worth around one billion euros ($1.2 billion), two sources said. “The talks could be wrapped up in coming days,” one of the sources said, cautioning a series of issues still needed to be ironed out. ERG, one of Europe’s leading wind power players, is selling hydroelectric assets along with some gas-fired power plants to speed up the process to create a pure wind and solar player. Last Thursday Enel CEO Francesco Starace declined to comment when asked about the utility’s interest in the assets during a conference call on earnings results. Enel, Italy’s dominant hydroelectric player with almost 12.5 gigawatts of capacity, could bring some of its own renewable assets to the table to clinch the deal, the second source said. But the source added the option was still open-ended. ERG and Enel declined to comment. Duyuru • Mar 21
Enel SpA Proposes Dividend for the Year 2020 and Expects Fixed Dividend for the Years 2021-2023 Enel SpA proposed a dividend per share of EUR 0.358 per share, up 9% against the previous year and also above the minimum guaranteed dividend per share set for 2020, that was EUR 0.35 per share.
The Group is also guaranteeing a fixed dividend per share over the next 3 years, at EUR 0.38, EUR 0.40, EUR 0.43 in the years 2021, 2022, and 2023, respectively. Duyuru • Mar 05
Enel's First Large-Scale Wind + Storage Hybrid Project Enel started construction of Azure Sky wind + storage, its first large-scale hybrid project globally to integrate wind and battery storage at one site. Through a 100 MW virtual power purchase agreement (VPPA), Enel will sell to Kellogg Company a 360 GWh portion of the electricity delivered to the grid annually from the Azure Sky wind project, which is equal to 50% of the volume of electricity used across Kellogg's North American manufacturing facilities. Located in Throckmorton County, Texas, the 350 MW wind farm paired with approximately 137 MW of battery storage will be Enel's third hybrid project in the U.S. that integrates a renewable energy plant with utility-scale battery storage. The 79 wind turbines at the Azure Sky project are expected to generate over 1,300 GWh each year, which will be delivered to the grid and will charge the battery located in the same facility. The expected annual electricity generated by the Azure Sky project is equivalent to avoiding the emission of over 842,000 tons of CO2 into the atmosphere each year. The battery storage system will be capable of storing the power generated by the wind turbines, while also providing services to enhance grid flexibility. At around 137 MW, the system will be one of the largest battery storage facilities in the world. The Azure Sky wind + storage project is the latest example of Enel's commitment to invest in renewables-plus-storage hybrids in the US. Enel is currently constructing a similar plant, the 284 MW3 Azure Sky solar + storage project, in a neighboring county and a third hybrid project, 181 MW4 Lily solar + storage project also in Texas. Duyuru • Dec 19
Enel SpA (BIT:ENEL) launched a voluntary partial public tender offer to acquire additional 10% stake in Enel Américas S.A. (SNSE:ENELAM) for CLP 1.1 trillion. Enel SpA (BIT:ENEL) launched a voluntary partial public tender offer to acquire additional 10% stake in Enel Américas S.A. (SNSE:ENELAM) for CLP 1.1 trillion on December 17, 2020. Under the terms, Enel SpA will pay CLP 140 per shares. The Offer will be launched near the expected time of effectiveness of the merger by incorporation of EGP Américas into Enel Américas. The Offer will be subject to compliance with Chilean and US regulations and other applicable regulations. The Offer will not be launched if the merger by incorporation of EGP Américas into Enel Américas and the amendment of the bylaws of Enel Américas are not effective by December 31, 2021. Duyuru • Dec 18
Enel Reportedly Set to Launch Sale of Open Fiber Stake The board of Enel SpA (BIT:ENEL) is likely to allow on December 17, 2020 the potential sale of all or part of the Italian energy firm's 50% interest in domestic broadband provider Open Fiber S.p.A. to Australian investment group Macquarie Group Limited (ASX:MQG) infrastructure arm in light of a binding €2.65-billion ($3.2 Billion) offer made in September, 2020 Reuters reported. Enel is likely to give management more time to clarify the details of a deal, an informed source told the news agency on December 16, 2020. Macquarie reportedly increased the unit's valuation to €7.5 billion from €7 billion in October, 2020. The Australian investor is said to be likely to consent to Italian state-controlled bank Cassa Depositi e Prestiti (CDP) taking a higher controlling stake in Open Fibre as part of joint efforts with Telecom Italia to speed up the roll-out of a single broadband network in the country, according to earlier reports. Macquarie, however, is said to be determined to secure a stake of at least 40% in Enel's subsidiary. Duyuru • Sep 19
Enel Confirms Macquarie Bid for Stake in Open Fiber Enel SpA (BIT:ENEL) confirmed that the infrastructure arm of Macquarie Group Limited (ASX:MQG) has submitted a binding offer of about €2.65 billion ($3.14 billion) for the Italian energy group's 50% holding in Open Fiber S.p.A. The bid, tabled by Macquarie Infrastructure & Real Assets (MIRA), excludes debt, but includes earnout, according to the filing which did not provide further financial details. The board of Enel acknowledged the proposal and said it will await "updates on the details that may emerge following the required in-depth activities with MIRA on the content of the offer." The bid was earlier reported to confer the broadband unit an enterprise value of between €7 billion and €8 billion. The bid comes as the Italian government has been making efforts to speed up the creation of a single broadband network operator in the country, by reportedly urging Telecom Italia and Enel to commit to accelerating talks on the merger of Telecom Italia's broadband services with Open Fiber. Duyuru • Aug 19
Enel SpA (BIT:ENEL) entered into two new share swap transactions to acquire an additional 2.7% stake in Enel Américas S.A. (SNSE:ENELAM). Enel SpA (BIT:ENEL) entered into two new share swap transactions to acquire an additional 2.7% stake in Enel Américas S.A. (SNSE:ENELAM) on August 18, 2020 Post-completion, Enel SpA increased its stake in Enel Américas from 62.3% to 65%. The consideration has been funded through internal cash flow generation. The completion is expected to occur by May 2020. As of May 29, 2020, the transaction is expected to occur no later than the end of 2020. 
