A senior adviser to the European Court of Justice has issued a striking opinion that could spell trouble for Google, a subsidiary of Alphabet Inc., over its refusal to grant access to its Android Auto platform for Enel’s electric mobility app, JuicePass. The advisor’s opinion suggests that Google’s decision may violate European Union competition laws, […]
Enel S.p.A., through Enel Green Power North America Inc. (EGPNA), has finalized a significant agreement with ORMAT Technologies Inc. for the sale of a renewable asset portfolio in the United States. The total consideration for the transaction is $271 million, equivalent to approximately 250 million euros, with customary transactional adjustments. The assets include EGPNA’s complete […]
Enel S.p.A., through its subsidiaries Enel Américas S.A. and Enel Perú S.A.C., has entered into a significant agreement with Niagara Energy S.A.C., a Peruvian company controlled by the global investment fund Actis. This strategic deal involves the sale of all equity stakes held by the Enel Group in power generation companies Enel Generación Perú S.A.A. […]
Ormat Technologies, Inc. (NYSE: ORA), a key player in the renewable energy sector, is set to diversify its portfolio with a noteworthy acquisition. The company has disclosed an agreement with Enel Green Power North America (EGPNA) to procure a renewable energy portfolio of 150 MW. The deal, valued at $271 million, incorporates two operational geothermal […]
Enel, through its subsidiary Enel Green Power (EGP), has announced an agreement to sell 50% of its Australian activities, represented by Enel Green Power Australia and Enel Green Power Australia Trust (collectively EGPA), to INPEX Corporation. The deal, which values EGPA at approximately €400 million, will result in joint control of the company by EGP […]
Enel S.p.A and its subsidiary, Enel Chile S.A., have inked an agreement with global renewable energy producer, Sonnedix, for the sale of a portfolio of four operational photovoltaic (PV) plants in northern Chile. The plants, located in the Atacama and Antofagasta regions, have a total installed capacity of approximately 416MW. The deal is set at […]
Enel’s subsidiary Enel Perú has agreed to divest its distribution, supply, and advanced energy services to China Southern Power Grid International (HK) or CSGI in short for nearly $2.9 billion. The deal involves Enel Perú’s stake of 83.1% in Enel Distribución Perú, a power distribution and supply company, and 100% of Enel X Perú, a […]
Tata Power has announced a partnership with joined hands with Italian energy company Enel Group for driving digitalization and automation of India’s distribution network. In this regard, the parties will implement two pilot projects through Tata Power’s Delhi-based distribution business. Both Tata Power and Enel are said to share the common goal of promoting the […]
US private equity firm Hull Street Energy has signed a deal to acquire 31 hydroelectric plants in the US with a combined capacity of 255MW from EGPNA Renewable Energy Partners (EGPNA REP) for an undisclosed price. EGPNA REP is a joint venture of Enel Green Power North America and GE Energy Financial Services. The deal will close […]
Italian renewable energy company Enel Green Power has broken ground on the 201MW Kolskaya wind project in Russia, which will come up in the Murmansk region with a total investment of nearly €273 million. The Kolskaya wind farm, owned by Enel Russia, is said to be the largest wind project presently under construction beyond the […]