A bidding war for $2bn-valued Eletropaulo between Enel and Iberdrola has seen the former come out on top.
Enel has inaugurated its global thermal generation innovation hub and lab in Pisa, Italy. The hub will house technology partners and start-ups that work with it on the evolution of the thermal generation of the future.
Enel-owned eMotorWerks, has launched a new way of making EV charging more accessible in public places, apartment complexes and workplaces, through the use of smart grid technology.
The market value of Brazil’s largest electricity distributor, Eletropaulo Metropolitana has doubled in the past month thanks to a fierce bidding war between European rivals Enel and Iberdrola.
Iberdrola is on the cusp of acquiring Brazilian electricity distributor Eletropaulo after improving on an earlier offer by Enel last week.
Enel’s newly acquired eMotorWerks has announced an expansion into Europe, to participate in the bloc’s burgeoning electric vehicle scene.
Enel Green Power Brasil Participações (EGPB) has opened a hydroelectric power plant in the Brazilian state of Mato Grosso.
Francesco Starace’s Enel is proposing the first share buy-back in the company’s history as it looks to reward investors for the improved performance of the company in recent years.
Mexico has selected 23 bidders for the development of $4bn worth of renewable energy projects, after a second tender issue.