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Posted by
Two Blokes June 4, 2025 -
Filed in
Stock
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7 views
Enel's management shift redirected investments from renewables to Italian grid upgrades, raising political, geographic and business concentration risks. Recent strong earnings were driven by renewables, but future growth is threatened by reduced renewable investment and increased focus on Italy. Shareholder returns are being boosted by buybacks and dividends, but these are now funded by new debt, eroding previous financial discipline.
