Enel Green Power will devote € 8.8 billion to growth in its 2015-2019 strategic plan. This will lead to a total additional capacity of 7.1GW by 2019.
Over the next five years, Enel Green Power will enlarge its footprint and technological matrix in Latin America, where the bulk of new growth investment amounting to € 4.7 billion will be allocated mostly in Brazil, Chile and Mexico given their current potential for growth. The company will also continue to tap opportunities available in the US market, by leveraging on diversification in this area in order to reduce its risk profile. Enel Green Power will further consolidate its presence in the promising continent of Africa, where in the two years since stepping into South Africa, it has been awarded 1GW of capacity in public auctions. Finally the Group will begin to scout opportunities in Asia, where a number of countries have an abundance of resources, growth in demand and reliable regulatory frameworks. Enel Green Power’s growth will also continue to rely on an efficient management of Engineering, Procurement and Construction (EPC) processes as well as Operations and Maintenance (O&M) activities.