Giving a presentation at the 2017 Capital Markets Day in London, the executive said that the investment would mainly go towards electricity generation and distribution. Paoli also said that one of Enel’s objectives was to reduce power cuts by 40%, bringing up the quality of its service.
Speaking at the same event, global executive director Francesco Starace said that the company was interested in renewable energy projects in Argentina.
Enel has several subsidiaries operating in Argentina’s power sector. Its generating companies include Costanera, El Chocón and Central Dock Sud. Additionally, the Italian firm owns power distributors Edesur and Enel Green Power, as well as transmission businesses Yacylec, Transmisión del Mercosur, Enel Trading Argentina and Transportadora de Energía.
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
This website uses cookies.