Finance

Italy's Enel buys wind farms in Germany in 80-million-euro deal

Published by Global Banking and Finance Review

Posted on December 15, 2025

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MILAN, ‌Dec 15 (Reuters) - Italy's largest ‍utility ‌Enel has completed the purchase ⁠of two ‌onshore wind farm projects in Germany, the company said ⁠on Monday, marking its first significant ​acquisition of renewable power ‌plants in ⁠the country.

The deal is worth around 80 million euros ($94 ​million) including debt, Enel said, adding that the acquisition would contribute approximately ​10 ‍million euros ​per year to its ordinary core earnings.

The wind plants, with a total installed capacity of 51 megawatts, are ⁠linked to a tariff scheme that ​ensures a minimum remuneration level for the electricity they produce, Enel said.

($1 = ‌0.8516 euros)

(Reporting by Francesca Landini, editing by Gavin Jones)

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