Enel is planning to mobilize some €190 billion ($225 billion) for investment in sustainable platforms and decarbonization initiatives between 2021 and 2030.
In the coming years, Enel is looking to implement two business models, which include a traditional “ownership” model and a “stewardship” model. The company plans to directly invest €160 billion ($190 billion) in the two models, with €150 billion ($178 billion) through the ownership model and around €10 billion ($12 billion) through the stewardship model, catalyzing an additional €30 billion ($35 billion) from third parties.
Under the ownership business model, nearly half will be devoted to global power generation, with renewables totaling €70 billion ($83 billion), which are expected to lead to around 120 gigawatts of installed capacity by 2030. In addition, 46 percent is expected to be deployed in infrastructure and networks to address quality and resiliency improvements, new connections and in