Strategic Financing Milestone:
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Enel Group has signed a landmark €756 million multiborrower and multicurrency financing agreement with Citi and Denmark’s Export and Investment Fund (EIFO).
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The first tranche, worth USD 500 million (approx. €430 million), was executed by Enel Finance International, marking a pivotal step in Enel’s sustainability-linked funding diversification strategy.
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The facility enables general-purpose financing in both euros and US dollars across multiple Enel subsidiaries, enhancing operational flexibility and capital access.
Key Highlights and Institutional Support:
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The agreement builds on Enel’s longstanding commercial ties with Danish suppliers, with 12 Danish firms—three of which are SMEs—already benefiting from new orders since the last transaction in 2022.
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Citi and EIFO jointly structured the deal to support Enel’s green transition goals, offering tailored export credit agency (ECA) financing solutions.
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The transaction underscores Enel’s financial strength and procurement agility, allowing it to tap competitive funding channels while reinforcing its ESG commitments.
Sustainability and Growth Outlook:
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Funds will be allocated toward Enel’s sustainable investment pipeline, including renewable energy expansion, smart grid upgrades, and electrification initiatives.
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The financing aligns with Enel’s broader 2025–2027 strategic plan, which emphasizes decarbonization, digitalization, and global portfolio optimization.
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Analysts view the deal as a strong signal of investor confidence in Enel’s climate-aligned growth trajectory and capital discipline.
Source: Enel Group – July 25, 2025 EIFO – July 25, 2025 Citi – July 25, 2025