Enel S.p.A.

Italy is considering a less expensive route to win control of broadband operator Open Fiber, three sources familiar with the matter said on Wednesday, as it looks to play a steering role to boost connectivity across the country.

Italian utility Enel said net profit rose 9% last year, beating expectations as it presses ahead with plans to expand its green energy and networks businesses and cut carbon emissions.

Italy needs to resolve a stalemate over its long-delayed project to create a unified network operator as soon as possible to avoid holding up its broadband rollout plan, Innovation Minister Vittorio Colao said on Thursday.

Italy will re-examine the previous government's planned single broadband network project to ensure it is feasible, Industry Minister Giancarlo Giorgetti said, adding any decision in favour of the plan would be conditional on the asset falling under state control.

Europe's biggest utility Enel has agreed to sell 360 gigawatt hours of green power a year to Kellogg Company to help the U.S. food giant reach climate targets.

Italian utility Enel has agreed with Saras to develop a project to supply green hydrogen to the Italian refiner's Sarroch site in Sardinia, the two companies said on Tuesday.

Enel’s green lead looks hard to beat. Since Chief Executive Francesco Starace took over in May 2014, the Italian utility’s shares have delivered a total return of 180% to investors, almost four times that of the STOXX Europe 600 Index. Among private companies it has also...

Enel sees more opportunities for its renewable energy business in the U.S. where prospects have improved with the arrival of the Biden administration, the head of the Italian utility's green energy unit said on Friday.

Shareholders in Italian broadband firm Open Fiber have agreed to postpone an initial deadline over a bid by Macquarie for a stake in the venture as they jostle for common ground, two sources close to the matter said on Thursday.

Italy's biggest utility Enel has signed a deal with the Qatar Investment Authority to develop renewable energy projects in Sub-Saharan Africa, the two groups said.

The Chilean unit of U.S.-based AES closed a coal-fired power plant along Chile's central Pacific coast on Tuesday ahead of schedule amid a drive by the South American nation to end carbon emissions from its grid.

Italian energy group Enel said on Tuesday the South African unit of its Enel Green Power division had reached commercial operation on its 140 MW Nxuba wind farm in Eastern Cape province.

Italy's biggest utility Enel kicked off the sale of up to 50% of fast broadband company Open Fiber to Australian infrastructure fund Macquarie on Thursday, in a move that could open the way to the creation of a full-fiber national network.

Italian utility Enel is expected at a board meeting on Thursday to kick off a process to sell all or part of its stake in fast broadband company Open Fiber to Australian investment fund Macquarie, three sources close to the matter said.

Italian energy group Enel and defence company Leonardo have signed a letter of intent for a strategic collaboration focused on security, energy efficiency, satellite communications and electric mobility, they said on Monday.

Enel's head said on Tuesday it could be the right time for the Italian utility to exit broadband operator Open Fiber as an offer by Australian fund Macquarie gives the group a big opportunity to monetise its investment.

Europe's biggest utility Enel will spend 160 billion euros ($190 billion) over the next 10 years to become a green "super major" and make the company carbon-free by 2050.

* Italy wants Open Fiber to merge with TIM's landline grid (Recasts, adds details, background)

Italy's Enel <ENEI.MI> is close to clinching a deal to sell its stake in fast broadband operator Open Fiber to Australian fund Macquarie and state lender Cassa Depositi e Prestiti (CDP), three sources close to the matter told Reuters.