Enel, Europe’s second-largest publicly traded power company, has embarked on an ambitious divestment programme as it aims to cut its total debt by €5bn ($6.8bn) by the end of next year.
In recent weeks Enel has announced plans to sell a $1.8bn stake in a Siberian gas venture to Russian state-owned oil company Rosneft and close two unprofitable coal-fired assets in Slovakia.
Yet
