Italian energy giant Enel will shift its growth focus to mature markets in Europe and North America – and away from South America – under an updated strategy based around decarbonisation, digitalisation renewables expansion and a ground-breaking new “e-solutions” business called “Enel X”.
The utility’s 2018-20 strategy, unveiled on Tuesday, is expected to add an extra €1.9bn to profits before interest, tax, depreciation and amortisation (Ebitda), driven by capex of €24.6bn
