Italy’s largest utility said it plans to invest about  €6bn ($8.3bn) in renewables during theperiod,  €5.2bn of that to expandcapacity in the 16 countries where its Enel Green Power (EGP) subsidiary alreadyoperates, and in “new emerging countries and areas that have already beenidentified”.

Enel’s installed renewablescapacity is earmarked to grow to about 13.4GW in 2018 from 8.9GW in place at the end oflast year.