Enel seeks pivot in EU Green Deal aid

De Paoli, Alberto (Enel) from co for use 230x150
By Jon Hay
26 Nov 2020

Enel is planning €10bn of extra renewable energy investment in Europe, as a result of the support it hopes to get from the European Union’s €750bn recovery fund. But it believes the EU should refine its aid to subsidise sustainable finance more directly.

Alberto De Paoli, chief financial officer at the Italian power and gas company, told GlobalCapital: “We are discussing it to, say, not change it completely, but to innovate in sustainable finance, adding to the single projects approach a new one linked to sustainable targets. It would be a ...

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