January 31, 2018 / 4:36 PM / a year ago

Enel to double Italy investments to 12 billion euros over next two years - CEO

Francesco Starace, CEO and general manager of Enel Group, attends during a news conference to present their partnership with FIA Formula-E Championships at the MAXXI National Museum in Rome, Italy, May 17, 2016 REUTERS/Alessandro Bianchi

MILAN (Reuters) - Italy’s biggest utility Enel (ENEI.MI) will double its investments in Italy over the next two years to 12 billion euros (£10.6 billion), the group’s CEO Francesco Starace said on Wednesday.

In a previous business plan, the utility had earmarked 6 billion euros over two years.

“In the next two years we will double our investments. The potential in Italy is huge,” Starace said during a Reuters Breakingviews event in Milan.

Reporting by Stephen Jewkes, editing by Agnieszka Flak

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below