ENLAY News and Press, Enel SpA ADR From 07/28/23

2023-07-28 07:04:08 ET Summary Strategic plan is ongoing with disposals and lower earning volatility. Enel also announced a partial exit in Greece. Revenue fell due to lower commodity prices, while EBITDA increased thanks to the grid and renewable energy division. Enel confirm...

2023-07-22 05:15:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Global equity markets ...

2023-07-20 03:19:02 ET Summary Enel's 2023 disposal plan is advancing well, with two additional deals concluded in July. The new CEO continues to increase his Enel equity stake. Renewables exposure, retail margin stabilization, and a positive regulatory framework support our o...

2023-06-27 17:17:21 ET Summary Grids based largely on renewables are coming and so is energy storage, which is currently dominated by lithium ion batteries which cope with storage up to 4 hours. Attention is focusing on longer duration (6-24 hour) energy storage and new ways of ac...

2023-06-25 08:00:00 ET Summary After several years of massive capacity expansion, Enel has to dispose assets to reduce net debt. Secondly, capex is reduced in spite of rising development costs. Consequently, the targets of the company seem too ambitious. Political interfer...

2023-06-25 04:59:50 ET Summary Diversifying portfolios with utility companies can provide stability during market volatility, as they offer safer cash flows due to their regulated nature. E.ON has delivered strong returns, but its current valuation is high, prompting a reevaluatio...

2023-06-16 08:39:51 ET Summary Attractive upside if it achieves consensus FY25 EPS and closes its valuation gap versus the benchmark index. High debt contributed to the continued discount vs index, but this gap may close as ENLAY strengthens its balance sheet and improves its corp...

2023-05-25 04:42:14 ET Summary Solid growth from EBITDA in Q1. Biden enlists Enel X Way with 2 million columns for US electric cars. Lower debt, dividend confirmed, and a positive outlook for renewable energy players. Our Enel buy rating is reiterated. Here at the La...

2023-05-22 11:25:30 ET Enel ( OTCPK:ENLAY ) said Monday it expects to spend more than $1B to build an industrial-scale solar cell and panel manufacturing facility in Oklahoma, making it one of the largest plants producing solar equipment in the U.S. Enel ( OTCPK:ENLAY ) said...

2023-05-09 19:32:00 ET Summary The Top 40 European utilities will invest a total of €128bn in 2023. According to the European integrated utilities' capital expenditure plans, 48% of their investments will be dedicated to renewables, representing about €46bn in total....