Enel not interested in GEB

Company News    Nov 26, 2021 3:21 PM

Enel parent company presented its strategic plan for 2030, and rumors about the company’s possible interest in Grupo de Energia de Bogota (GEB) were cleared.

Francesco Starace, CEO of Enel, said that the company is not interested in buying the 9.4% stake that is for sale in GEB, Valora Analitik reported.

“We are not interested in buying the GEB stake,” Storace said.

It is important to recall that this share sale is intended to finance the second line of the Bogotá Metro.

In addition, the strategic plan presented by Enel is based on four pillars: allocating capital to support the supply of decarbonized electricity; enabling the electrification of customers’ energy demand; leveraging the value creation of the entire value chain; and advancing the commitment to reach net zero emissions by 2040.


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