Finance
Italy's Enel buys wind farms in Germany in 80-million-euro deal
Published by Global Banking & Finance Review®
Posted on December 15, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 15, 2025
1 min readLast updated: January 20, 2026
Enel's €80 million purchase of German wind farms marks its first major renewable energy acquisition in the country, adding 51 MW capacity.
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)
Renewable energy is energy generated from natural resources that are replenished over short periods of time, such as sunlight, wind, and water. It is considered more sustainable than fossil fuels.
A wind farm is a group of wind turbines located in the same area, used to generate electricity. They harness wind energy to produce clean, renewable power.
Core earnings refer to the profits generated from a company's primary business operations, excluding any income from non-recurring or unusual items. It provides a clearer picture of operational performance.
A tariff scheme is a system that sets prices for electricity, ensuring a minimum remuneration level for producers. This helps stabilize income for renewable energy projects.
Installed capacity refers to the maximum output that a power plant can produce under specific conditions. It is usually measured in megawatts (MW) for energy facilities.
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