Enel plans to sell energy distributor in Ceará

Decision is part of the company's strategic plan for the period 2023-2025
22-11-22-canal-solar-Enel planeja vender distribuidora de energia do Ceará
Logo of the multinational energy company, Enel, in Milan, Italy. Photo: Reproduction

A Italian Enel announced, this Tuesday (22), the intention to sell your energy distributor in Ceará, thus concentrating operations in São Paulo and Rio de Janeiro. The decision is part of the company strategic plan for the period 2023-2025.

In the plan, the company plans to invest a total of around 37 billion euros, focusing on six countries: Spain, Italy, United States, Brazil, Chile and Colombia.

Of this total, 60% will be allocated to support the group's integrated commercial strategy (generation, customers and services), and 40% allocated to networks to support their role as facilitators of the energy transition.

Enel Brasil launches game about climate challenges

In the statement, Enel stated that it is focusing on the integrated value chain seeking sustainable electrification, increasingly necessary in global energy systems, covering around 90% of its fixed-price sales with carbon-free electricity in 2025, which will increase renewable generation for around 75% of the total, as well as reaching around 80% of customers on the digitalized network.

Francesco Starace, CEO and general manager of Enel said that over the next three years they will provide, in integrated business models, digital know-how, businesses and geographies that can add value, despite the current challenging scenario, adopting a leaner structure and a set most robust of financial indices.

“This will increase our resilience to possible continued future turmoil, as well as position our value creation for further growth, benefiting all stakeholders and accelerating energy independence in our key countries,” he concluded.

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Matthew Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. Has been following the Brazilian electricity sector since 2020.
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