Italy's Enel plans to invest 43 billion euros ($45.30 billion) in the next three years, of which 26 billion euros will be allocated for power grids and the remainder for renewable projects, the utility said on Monday.

Enel SpA raised its dividend on 2024 earnings and said it’s targeting €6.7 billion ($7.1 billion) to €6.9 billion in profit for 2025, as the Italian utility nears the end of a debt reduction plan.

ROME, NOV 18 - Italian energy group Enel said Monday that it intends to invest around 43 million euros over the next three years as it presented its strategic plan for the 2025-2027 period. It said about 26 billion euros of that money will go on grids,

Italy's biggest utility Enel said on Monday it would lift its minimum dividend for the 2025-2027 period to 0.46 euros per share from 0.43 euros previously and simplify its investor reward policy. In its updated three-year plan,