Enel Group plans to invest approximately €12bn in renewables with flexible capital allocation and a selective approach aimed at maximising returns while minimising risks, also seizing on brownfield asset opportunities with the aim to further enhance profitability.
The group plans to add around 12GW of capacity, with an improved technological mix that foresees more than 70% from onshore wind and dispatchable technologies (hydro and batteries), reaching a total installed renewables capacity of about 76GW in 2027.
According to the company’s 2025-2027 Strategic Plan, total clean energy production is expected to increase by over 15% in the report period across all geographies, mainly in Europe and the United States, which will account for about 55% of total group renewables production in 2027.
From a geographical standpoint, around 65% gross capex in clean energy will be allocated in Europe, of which approximately 34% in Italy and about 31% in Iberia, where new regulatory frameworks are deemed by Enel to support decarbonisation plans.
The remaining 35% will be in Latin and North America.