Italy's green star has new, uncertain trajectory : vimarsana

In 2021, Enel had the world at its feet. Thanks to early bets on wind and solar by Francesco Starace, chief executive since 2014, the Italian utility was worth $105 billion and it seemed all set to be a major winner from the energy transition. Fast-forward two years, and Starace has been ousted by the Italian government, Enel’s 24% shareholder, the group’s net debt has ballooned due to energy crisis troubles, and it’s now only worth $65 billion.

Related Keywords

London , City Of , United Kingdom , Italy , Spain , Japan , Italian , Flavio Cattaneo , Neil Unmack , Pamela Barbaglia , Giorgia Meloni , Oliver Taslic , Francesco Starace , Paolo Scaroni , Thomson Reuters Trust Principles , Reuters Breakingviews , Prime Minister Giorgia Meloni , George Hay , Thomson Reuters Trust , Reuters News , Trust Principles , Repi Exploration Production , Brv , Cclm , Rep , Brvf , Anlins , Bcst , Bcst1 , Bisv , Bisv08 , Bnk , Bnkcom , Bnks , Bsvc , Ccos , Cigars , Cigs , Cmpny , Cycs , Cycs08 , Eleu , Elut , Elut1 , Ener , Enff , Eng , Fin , Fins , Fins08 , Fobe , Fod , Fotb , Invbis , Invd08 , Invdiv , Invs08 , Itse , Itse08 , Mdia , Mdia08 , Ncyc , Netsv , Netsv1 , Oilg , Oili , Oili08 , Privt , Pub , Publ , Show , Show1 , Sofapp , Sofw , Swit , Tech , Tech08 , Tmt , Util , Xpco , Xpmf , Xrnp , Sasia , Weu , Soil , Gamers , In , Swasia , Us , It , Europ , Meast , Ezc , Namer , Asxpac , Emrg , Asia , Abhay , Topnws ,