The firm will launch an initial public offering for Enel Green Power (EGP) despite lingering weakness in the financial markets and an impending downward revision to Italy’s solar feed-in tariff, which has blasted the country into a position of global leadership in the solar sector over the past two years.
EGP can be “floated successfully even in turbulent times like we are in now”, according to Enel chief executive Fulvio Conti.
“We
