Overview
- The new plan adds about €10 billion to prior guidance, taking total capex to roughly €53 billion for 2026–2028.
- More than €26 billion is slated for the Business Integrated area, including about €20 billion for renewables to add roughly 15 GW and lift installed capacity above 80 GW by 2028.
- Over €26 billion will go to Networks, with around 55% in Italy, driving the Regulated Asset Base to about €58 billion, up 22% versus 2025.
- Enel guides to ordinary EPS of €0.80–€0.82 by 2028 and projects dividend growth of about a 6% compound annual rate.
- After meeting 2023–2025 targets and returning roughly €15 billion to shareholders, the company cites about €15 billion of financial flexibility and prioritizes stable markets with strict capital discipline.