Enel agrees to buy 270-MW US solar portfolio for USD 140 million
- Enel signed an agreement via Enel Green Power North America to buy a portfolio of seven operating solar plants in the US totaling about 270 MWdc.
- The deal values the assets at about USD 140 million, with an expected net positive contribution to ordinary EBITDA of about USD 20 million a year.
- Net debt is expected to rise by about USD 180 million, with funding planned from cash flow from operations.
- The acquisition expands Enel’s US footprint into Virginia, North Carolina, and South Carolina.
- Closing is targeted by end-2026, subject to customary US regulatory approvals, including antitrust and Federal Energy Regulatory Commission clearances.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enel S.p.A. published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.
