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ENEL Enel Spa

6.242
0.061 (0.99%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enel Spa BIT:ENEL Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.061 0.99% 6.242 6.24 6.236 6.297 6.197 6.20 33,052,369 17:00:00

Enel's Endesa Generacion Portugal Wins 15-Year Contract

27/08/2020 5:32pm

Dow Jones News


Enel (BIT:ENEL)
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From May 2019 to May 2024

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   By Kim Richters 
 

Enel SpA said Thursday that Endesa Generacion Portugal has won a 15-year contract with the Portuguese National Electrical System.

The Portugese subsidiary of Spanish utility company Endesa SA, which in turn is part of Rome-based energy company Enel SpA, won the right to connect 99 megawatt of a new solar storage project to the national grid.

The award is part of "preliminary results of the second renewable tender organized by the Portuguese government," said Enel.

The construction of the project, which is located in the Algarve region and is expected to begin operations in 2024, will cost around 90 million euros ($106.5 million).

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

August 27, 2020 12:17 ET (16:17 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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