Enel Boosts Clean Energy Spend 6% in 170 Billion-Euro Plan
- Italian energy company brings forward net zero target to 2040
- Enel plans to exit coal generation by 2027 and gas by 2040
Source: Enel SpA
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Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources.
The strategy indicates a 6% increase from the previous investment plan, documents published on Wednesday showed. It also brought forward its net zero commitment by 10 years, from 2050 to 2040.