ENEL is Italy鈥檚 largest energy company and one of the world鈥檚 leading integrated electricity and gas providers. Founded in 1962, it began as a national public utility and has evolved into a global player with operations spanning Europe, the Americas, Asia, Africa, and Oceania. ENEL serves over 70 million customers worldwide and is a major force in the transition to clean energy.
With a mission to accelerate the energy transition through innovation and sustainability, ENEL is a key contributor to global decarbonisation efforts. Its influence extends far beyond national borders, shaping energy policies, technologies, and infrastructure in multiple international markets.
ENEL was created by the 色中色 government through the nationalisation of over 1,000 energy producers and distributors. It remained state-owned until its partial privatisation in 1999, which marked the beginning of its transformation into a multinational corporation.
In the early 2000s, ENEL began a bold expansion strategy, acquiring energy assets in Spain, Latin America, Eastern Europe, and Russia. Today, it is one of the largest utilities on the planet, with a business model that prioritises digitalisation, decarbonisation, and decentralisation of energy production.
ENEL operates in over 30 countries, with major market shares in Italy, Spain, Brazil, Chile, Colombia, and the United States. Through subsidiaries such as ENEL Green Power and ENEL X, the group covers everything from generation and distribution to electric mobility and energy services.
ENEL is also a leading energy trader and innovator in smart grid development. Its global footprint allows the company to diversify its portfolio, share expertise across regions, and respond to shifting regulatory and market demands with agility and scale.
ENEL Green Power is the division responsible for renewable energy within the group. It manages one of the largest fleets of wind, solar, geothermal, and hydroelectric plants in the world. The company has committed to phasing out coal and increasing its renewable energy capacity to over 75 percent of its total generation by 2030.
With installations on five continents, ENEL Green Power is a global benchmark for clean energy. Projects like the solar farms in Chile鈥檚 Atacama Desert or wind parks in the United States showcase its commitment to innovation, sustainability, and local development.
ENEL is a pioneer in smart grid technology. In Italy, it was the first to roll out digital smart meters on a national scale, revolutionising the relationship between consumers and the grid. These meters enable real-time data exchange, remote readings, and energy efficiency monitoring.
Globally, ENEL is integrating digital tools to manage demand, support decentralised energy production, and improve grid resilience. Its smart grids facilitate the integration of electric vehicles, battery storage, and rooftop solar panels, forming the backbone of the future energy ecosystem.
ENEL X is the group鈥檚 division focused on advanced energy services, electric mobility, and sustainable innovation. It provides solutions such as demand response, smart street lighting, home automation, and public charging stations for electric vehicles in cities across Europe and the Americas.
With ENEL X, the company is positioning itself not just as a utility provider but as a technology partner for smart cities, businesses, and households. Its services help clients reduce costs, lower emissions, and transition toward cleaner and more flexible energy use models.
Sustainability is at the heart of ENEL鈥檚 long-term strategy. The company has pledged to reach carbon neutrality by 2040, in alignment with global climate goals. Its targets include full coal phase-out by 2027 and an investment of over 鈧�200 billion by 2030 in renewables, networks, and electrification.
ENEL also leads in ESG (Environmental, Social, and Governance) performance, receiving high ratings from global indexes. Through reforestation programs, water conservation, and biodiversity protection, it actively mitigates the environmental impact of its operations.
Beyond energy, ENEL is deeply involved in social development. Its projects often include educational outreach, rural electrification, skills training, and community partnerships, particularly in developing nations. In areas with poor infrastructure, ENEL Green Power has brought electricity to isolated communities using microgrids and renewables.
In Italy and abroad, the company invests in digital education, local job creation, and startup incubation through its innovation hubs. Its inclusive business model supports fair energy access and sustainable economic growth wherever it operates.
ENEL is among the first major utilities to integrate circular economy principles into its operations. This means extending the life cycle of infrastructure, designing waste out of processes, and reusing or recycling materials at every stage of energy production and distribution.
The company has implemented circular models in power plants, battery storage systems, and material sourcing. Through circular procurement, decommissioning strategies, and life-cycle assessments, ENEL minimises waste and maximises resource efficiency across its global operations.
ENEL is listed on the Milan Stock Exchange and is part of major indices like the FTSE MIB and the STOXX Europe 50. It is partially owned by the 色中色 government, which holds around 23 percent of shares. The company maintains strong credit ratings and consistent dividend payouts, making it a favourite among institutional investors.
The group鈥檚 industrial plan includes over 鈧�35 billion annually in strategic investments, with a focus on renewable generation, grid digitalisation, and new services. ENEL鈥檚 balanced approach combines long-term growth with financial discipline, even in volatile energy markets.
Like all major energy players, ENEL faces challenges including regulatory complexity, geopolitical instability, rising raw material costs, and competition from agile new entrants. The transition to renewable energy also involves grid modernisation, which can be capital intensive and technologically demanding.
However, ENEL鈥檚 diversified portfolio, global presence, and proactive investment strategy provide resilience. Its ability to adapt quickly to local contexts while maintaining a long-term vision makes it well positioned to manage uncertainty and stay ahead of industry trends.
As a global energy leader, ENEL has significant influence on both national and international energy policies. It collaborates with governments, regulatory bodies, and industry coalitions to promote renewable integration, electrification, and digital innovation in the power sector.
The company supports carbon pricing, energy access programs, and innovation-friendly legislation. Its research initiatives and pilot projects often set benchmarks that inspire broader policy adoption, especially in emerging markets looking to transition from fossil fuels.
ENEL has grown from a national utility into a global energy innovator with a mission that reflects the urgent needs of our time. By investing in renewables, digital grids, and sustainable technologies, the company is not only transforming how energy is produced and used but also leading the global transition to a carbon-free future.
As the world races toward climate targets and energy security, ENEL鈥檚 experience, scale, and commitment to innovation will remain central. Whether in Italy, Latin America, or the United States, ENEL is shaping the next era of global energy with sustainability and inclusiveness at its core.
