Enel to Enter Australian Energy Retail Market
December 06 2021 - 9:25AM
Dow Jones News
By Giulia Petroni
Enel SpA said Monday that it has been authorized to enter the
Australian energy retail market.
The Rome-based energy company said it will offer up to 100%
renewable energy supply, initially targeting commercial and
industrial customers and expanding to residential customers.
The license was issued by the Australian Energy Regulator.
The business will be backed by Enel Green Power's renewable
generation assets and Enel X's technology platforms, including its
battery energy storage systems and charging solutions for electric
vehicles.
Enel Green Power Australia currently has 310 megawatts of
consolidated capacity, through three solar plants, the company
said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 06, 2021 09:10 ET (14:10 GMT)
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