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

Italy's Enel buys wind farms in Germany in 80-million-euro deal | Global Banking & Finance Review | GBAF

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

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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Tags:sustainability renewable energy investment

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)

Frequently Asked Questions about Italy's Enel buys wind farms in Germany in 80-million-euro deal

1What is renewable energy?

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.

2What is a wind farm?

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.

3What is core earnings?

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.

4What is a tariff scheme?

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.

5What is installed capacity?

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.