Enel Mulls Scrapping Argentina Exit in Big Bet on Javier Milei [Financial Post (Toronto, Ontario, Canada)]
ENEL SPA UNSP/ADR (ENLAY)
NASDAQ:AMEX Investor Relations:
enel.com/investors
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Source: Financial Post
strategy since Javier Milei took office promising to improve the South American nation's business climate. Author of the article: (Bloomberg) — Enel SpA is poised to scrap plans to sell off its remaining operations in Argentina, which would make it the first international company to shift strategy since Javier Milei took office promising to improve the South American nation's business climate. While it has yet to make a final decision, Italy's largest state-controlled utility is now likely to keep power distributor Edesur after Milei pledged to liberalize the country's energy market, according to people familiar with the matter. Article content Article content Remaining in Argentina would mark a striking change of course for the company that recently offloaded two of its operations there: thermal power plants Enel Generación Costanera and Dock Sud. Those sales were part of a €21 billion ($22.8 billion) asset-disposal plan, announced in 2022, that included exits from Argent
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