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EIPAF - Eni: Recent Strides In Renewables Offer Growth Potential
ENI S.p.A.
As I have noted in a few previous articles, European energy companies have been much more aggressive about investing into renewable energy than American ones have. This is partly due to differing attitudes between the two regions with respect to climate change. We saw this commitment among the European energy companies earlier this week as Italy's Eni (E) announced the acquisition of three planned offshore wind farms in Italy. This move puts the company alongside peer companies such as Equinor (EQNR) as one of the largest developers of offshore wind farms