The document does not specify which assets will be given up, with Enel also being one of the most powerful investors in green energy as well.
Enel, with around 3 million energy consumers in its portfolio, cut investments by almost 40% in the first six months of the year amid deteriorating operating profitability.
The company, the operator of the energy distribution network of Muntenia Sud (Bucharest), Banat and Dobrogea, ended the first half of 2022 with a EUR115 million loss, from a EUR45 million gain in the area of energy sales.
In the distribution area, the company’s losses reached RON50 million, from EUR60 million profit in the first half of 2021.
The weak results come as in mid-2022 the group announced it would step up repositioning in key markets.
(English version by Catalina Apostoiu)