Italian utility Enel has laid out its strategic gambit for 2017, spearheaded by a €4.7bn ($5bn) digitisation of its asset base and operations plus renewed customer focus, as it seeks to supercharge earnings over the next two years.

The plan, which puts the accent on industrial growth driven by networks and renewables via a less capital-intensive “build, sell and operate” (BSO) model, targets earnings before interest, tax, depreciation  and amortisation (Ebitda) of €17.2bn