Enel finalizes acquisition of 270 MW solar portfolio in the US

Enel, through its subsidiary Enel Green Power North America, has finalized the acquisition of a solar photovoltaic portfolio in the Southern United States. The deal involves seven operational plants with a total installed capacity of approximately 270 MW and an average annual output of around 0.4 TWh.

The acquisition was valued at an enterprise value of approximately US$140 million, with an impact on the group's net financial debt of roughly US$180 million. The transaction is expected to contribute approximately US$20 million annually to the Enel Group’s consolidated ordinary EBITDA. This move aligns with the company's strategy to accelerate renewable energy growth through the acquisition of operational assets in Tier 1 markets.