MILAN (ITALPRESS) – The total gross investments of the Enel Group in the Strategic Plan 2026-2028 amounted to approximately 53 billion euros, increasing approximately 10 billion euros compared to the previous Plan. In particular, it is expected to allocate: more than 26 billion euros to the Integrated Business, of which 20 billion euros in the Renewables with an increase of 8 billion euros regarding the previous plan to add about 15 GW of new renewable capacity, Greenfield and Brownfield; more than 26 billion euros in the Networks, of which about 55% in Italy and the remaining part distributed between Iberia and Latin America. According to the group, the strategic priorities of the plan will be: to accelerate the growth in countries characterized by stable contexts, with focus on networks, renewables and final customers through Greenfield and Brownfield investments; to maximise the productivity of the capital thanks to an optimal allocation and efficient and effective management of economic resources; to guarantee a risk profile/balanced yield in order to pursue an improvement of the ordinary net income for action (EPS) while maintaining strict financial discipline.
In Plan 2026-2028 the Enel Group planned total gross investments in the Networks for over 26 billion euros. In detail about 55% in Italy, where rapid growth is expected; more than 20% in Iberia, in anticipation of further acceleration after 2028; almost 25% in Latin America, in the presence of predictable regulatory frameworks and clear visibility on the future. It is expected that the increase of investments in the Networks will bring the Regulated Asset Base (RAB) of the Group to approximately 58 billion euros in 2028 regarding 47 billion euros approximately to the end 2025 (+22%).
By 2028, the Enel Group expects that the ordinary net income per share (EPS) will reach a value between 0,80 and 0,82 euros, growing compared to approximately 0,69 euros expected in 2025, with a CAGR (Compound Average Growth Rate) of about 6%. This is the data reported in the Strategic Plan 2026-2028 presented today. In line with the expected growth of the EPS, DPS is expected to increase by approximately 6% in terms of CAGR between 2025 and 2028.
The Enel Group has realized, with one year in advance, the efficiencies previewed from the Strategic Plan 2023-2025, pairs approximately 1 billion euros regarding the base of costs of 2022. The new Plan is now expected to make further efficiencies for approximately 700 million euros by 2028. To maximise the productivity of its processes, the Group also aims to accelerate the adoption of AI tools, digitize the company’s core activities and bring 100% of applications to Cloud. Another value creation driver will consist of the Data Center business. In this sector, the Group enjoys a significant competitive advantage: as an integrated player of primary importance in different countries, it can in fact offer to the operators of Data Center industrial sites already available (eight have already been identified), connection to the electricity grid and supply of long-term energy (through PPA).
Resources and financial discipline based on the acceleration of growth foreseen in the Strategic Plan 2026-2028 offer visibility on the evolution of the Enel Group even more than 2028. In particular, it is expected that at 2030 the installed renewable capacity will continue to grow with a CAGR of approximately 5% compared to the 68 GW of 2025; the RAB of the networks will increase with a CAGR of approximately 6% regarding the 47 billion euros estimated for 2025; the EPS will confirm the growth with a CAGR of approximately 6% regarding the approximately 0,69 euros per share expected to 2025. On the face of environmental sustainability, the Group intends to continue with the reduction of its direct and indirect emissions of greenhouse gases, in line with the Paris Agreement and with the scenario of 1.5°C, as certified by the Science Based Targets initiative (SBTi). It is estimated that at the end of 2025, the Group has reduced its total emissions by almost 70% compared to 2017 and is already close to reaching the target set for 2030. The Group confirms its goal of achieving zero net emissions in all Scope by 2040. Moreover, along this path, the Group will continue to safeguard the socio-economic fabric through its Just Transition plan.
“Enel today presents an ambitious and credible Strategic Plan, with a strong acceleration of growth thanks to the increase of investments, Brownfield and Greenfield, which will lead to the further improvement of the risk/return profile of the Group.” Flavio Cattaneo, CEO of the Enel Group. “Management actions undertaken over the last three years now provide us with financial flexibility to invest in the most dynamic markets from the standpoint of electricity demand. Thanks to the clear visibility of the Group’s results and the execution of our share buy-back program we expect to further increase the remuneration of shareholders, with an ordinary net income per share that will increase up to a value between 0,80 and 0.82 euros in 2028 and that will support the growth of dividend, thanks to the returns of subsidiaries internationally,” he added.
– photos of repertoire IPA Agency –
(ITALPRESS).
