Enel Energy Transition Strategy
o
...with 100% of Generation EBITDA
coming from Renewables...
EBITDA evolution 2022E-2025 (US$ bn)
Contracted energy (TWh)
Brazil³
+24%
97%
98%
84%
1.7 1.9
0.12
0.28 0.03
0.03
0.02
0.12
erel
Financial KPIs
2022
Proforma
2025
EBITDA/MWh
(US$/MWh)4
28
44
0.1
1.5
(0.01) (0.04)
OPEX/MW
(th US$/MW)5
27
18
2023 2024 2025
1.8
Emission-free
generation (%)
73.3
99.8
1.5
Colombia
74%
79%
72%
CAPEX 2023-25
2%
2022
Pro forma¹
Fx & CPI OPEX
RES Hydro
Growth
Price Stewardship 2025
24%
Stewardship
Renewables
Thermal
Brazil²
2023-25
US$ 2.1 bn
IRR - WACC spread
-200 bps
2023
2024
2025
Rounded figures. (1) 2022E Pro forma excludes Argentina, Peru and Fortaleza; (3) Includes stewardship capacity; (4) Only renewables; (5) In real terms
Renewables
74%
Stewardship
Brazil
Thermal
30
30View entire presentation