Italian energy giant Enel has outlined plans to invest €160bn in decarbonisation and electrification efforts over the next decade, as it works to become a net zero power producer by 2050. The firm this week unveiled a sweeping new investment strategy that revealed plans to invest €160bn directly in new low carbon infrastructure, while catalysing a further €30bn of investment from other parties, bringing total spending to €190bn by 2030. The investment will support a goal to cut carbon emissions from the company by 80 per cent against 2017 levels.
Business Green 25th Nov 2020 read more »