Enel : New strategic updated as expected with a focus on shareholders return
>2024-2027 parameters focused on profitability and resilience - Update of the strategic plan just issued. As expected not a breaking news plan but focus on dividends growth. Investments planned of € 43bn are mainly oriented towards grids (€ 26bn or 60%), € 12bn dedicated to renewables (27%) to add 12 GW of capacities and almost € 2.7bn to customers, of which approximately 85% in countries where the group has an integrated presence. In terms of geography, the focus is ...Enel Societa Per Azioni is engaged in the generation and sale of electricity through its Generation, Energy Management and Sales Italy Division. Co. is also engaged in the distribution of electricity (Enel Distribuzione) and public and artistic lighting (Enel Sole) in Italy through its Infrastructure and Networks Division. Co.'s Iberia and Latin America Division coordinates Co.'s operations in the electricity and gas markets in Spain, Portugal and Latin America. Co.'s Engineering and Research Division manages the engineering processes related to the development and construction of power plants. Co.'s other divisions are the International Division as well as the Renewable Energy Division.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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