Enel commits to sustainable development investment

Italian utility Enel plans to invest more than €4 billion over the next five years in renewable energy and emissions abatement technology. Its goal is to generate power cost-effectively while protecting the environment, and to help reduce the risk of climate change by preventing the emission of 4 million tonnes of carbon dioxide each year.

The investment plans were revealed by Piero Gnudi, chairman of Enel, and the company's CEO Fulvio Conti. Activities will include: €3.3 billion of investmen