Enel

Enel Americas, the Latin American arm of Italy's Enel, reported an 18.5% increase in first-half net income to US$510 million, driven by higher tariffs, increased distribution volumes, and currency appreciation in Brazil and Colombia.

Chile is seeking bids for a power tender offering 2,835 GWh/year of supply with 15-year PPAs starting in 2029 and 2030. Key bidders include France’s Engie, Italy’s Enel, and Chile’s Colbún.

Engie, Enel, and Colbun are competing for a long-term electricity supply auction in Chile, which will shape the country's regulated power market for the next two decades. The tender is described as critical for defining the future of the market.

A winter storm threatens Chile's copper mines, which supply nearly a quarter of the world's mined copper. Enel has increased its field personnel up to nine times the normal level to address the storm's impact, which could disrupt global supply and raise industrial metal prices.

Federal lawyers rejected Enel’s appeal to retain its São Paulo grid contract, initiating termination proceedings. The asset, serving 8.5 million customers, is now targeted by buyers like Equatorial and Neoenergia.

Brazil's regulator lawyers rejected Enel's appeal, keeping the process alive that could strip the Italian firm of its São Paulo power concession. The article highlights the ongoing legal challenge against Enel's concession.

Italian Prime Minister Giorgia Meloni has removed the CEO of Leonardo, a defense and aerospace company, while reappointing senior executives at energy firms Eni and Enel. The decision reflects her administration's focus on strategic industrial leadership.