Enel acquires 810 MW solar portfolio in the US for $760 million

Enel has completed the acquisition of a solar plant portfolio from Excelsior Energy Capital for approximately $760 million. The deal includes 810 MW of installed capacity, which is expected to produce an average annual output of about 1.6 TWh.

This transaction follows previous agreements made in February 2026 for the acquisition of wind and solar portfolios valued at roughly $1.3 billion. Once the remaining 205 MW of wind capacity is closed, expected by the fourth quarter of 2026, Enel aims to exceed 13 GW of installed renewable capacity in North America, including wind, solar, and storage systems. The acquisition is projected to generate a positive impact on the Group’s consolidated ordinary EBITDA of approximately $90 million per year.