Italy's Enel to raise US green energy capacity with wind farms swap
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
0mins
Should l Buy ?
Source: Reuters
Enel's Renewable Energy Expansion: Italy's Enel has signed a swap deal with U.S. Gulf Pacific Power to acquire wind farm assets, increasing its net consolidated green capacity in the U.S. by 285 megawatts as part of its strategy to enhance renewable generation capacity.
Financial Implications of the Deal: The transaction will cost Enel approximately $50 million and is expected to boost ordinary EBITDA by the same amount, while also increasing its net financial debt by about $20 million.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
