Enel Has Ambitions to Become World's First Giant Green Utility

Enel CEO: 2016 in Europe Will Be Better Than People Think

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Enel SpA’s Chief Executive Officer Francesco Starace plans to create the world’s first major clean energy company with Wednesday’s 3.1 billion-euro ($3.3 billion) buy-back of its renewables unit.

“It will become a very large integrated renewable energy company, which today does not exist,” said Starace on Thursday in a Bloomberg television interview.