Report Publication Announcement • May 6, 2025
Report Publication Announcement
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| Informazione Regolamentata n. 0116-29-2025 |
Data/Ora Inizio Diffusione 6 Maggio 2025 19:45:53 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | ENEL | |
| Identificativo Informazione Regolamentata |
: | 205172 | |
| Utenza - referente | : | ENELN07 - Giannetti Davide | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 6 Maggio 2025 19:45:53 | |
| Data/Ora Inizio Diffusione | : | 6 Maggio 2025 19:45:53 | |
| Oggetto | : | Enel publishes 2025 first quarter Group operating data Report |
|
| Testo del comunicato |
Vedi allegato


T +39 06 8305 5699 T +39 06 8305 7975 [email protected] enel.com enel.com
[email protected] [email protected]
Rome, May 6 th , 2025 – Enel S.p.A. ("Enel") published its Quarterly Bulletin ("Report"), with the Group's operating data relating to the first quarter of 2025.
The Report, which is published ahead of the approval by the Enel Board of Directors and the disclosure of the performance and financial data contained in Enel's periodic financial reports, is aimed at further strengthening Enel's transparency towards the financial community, in line with best practices in the most advanced markets.
The Report attached to this press release is available to the public at Enel's registered office, on the Enel website (www.enel.com), and - together with this press release - through the authorised storage mechanism "eMarket Storage" ().
1


Investor Relations Team [email protected] +39 06 8305 7975
www.enel.com/investors Website
Investor Relations App


| 1. Pro forma numbers | |
|---|---|
| 2. Group Installed Capacity | |
| 3. Group Production | |
| 4. Grids and Enel X Global Retail | |
| 5. Disclaimer |

| 1. Pro forma numbers 1 | |||||
|---|---|---|---|---|---|
| Generation - installed (GW) Total installed capacity |
Q1 2025 90.7 |
Q1 2024 86.9 |
4.4% | ||
| Renewables | 66.4 | 62.2 | 6.7% | 23% | |
| of which pumping | 8.1 | 8.1 | 1.0% | ||
| of which BESS | 2.8 | 1.6 | 75.9% | 4% | |
| Nuclear | 3.3 | 3.3 | 0.0% | ||
| Total Emission Free Capacity | 69.7 | 65.5 | 6.4% | ||
| Thermal generation (Coal, CCGT, Oil&Gas) | 21.0 | 21.4 | -1.7% | ||
| of which regulated | 9.6 | 9.8 | -2.0% | (Coal, CCGT, Oil&Gas) | |
| Generation - production (TWh) | Q1 2025 | Q1 2024 | |||
| Total production | 50.2 | 50.2 | -0.1% | ||
| Renewables | 35.2 | 35.0 | 0.5% | 16% | |
| of which pumping | 0.5 | 0.7 | -23.4% | ||
| Nuclear | 7.1 | 6.6 | 8.2% | 14% | |
| Total Emission Free production Thermal generation (Coal, CCGT, Oil&Gas) |
42.3 7.9 |
41.6 8.6 |
1.7% -8.8% |
||
| (Coal, CCGT, Oil&Gas) | |||||
| Grids | Q1 2025 | Q1 2024 | |||
| Electricity distributed (TWh) | 117.1 | 115.7 | 1.2% | ||
| Italy | 51.8 | 51.4 | 0.7% | ||
| Spain | 34.4 | 33.4 | 2.9% | ||
| RoW End Users (mln) |
31.0 68.6 |
30.9 68.1 |
0.2% 0.9% |
||
| Italy | 31.1 | 31.1 | 0.2% | ||
| Spain | 12.7 | 12.6 | 0.7% | ||
| RoW | 24.9 | 24.4 | 1.7% | ||
| Supply/Retail (volumes) | Q1 2025 30.4 |
Q1 2024 34.1 |
-10.7% | ||
| Europe liberalized market energy sold (TWh) of which Italy of which Italy - B2C + SME |
13.5 9.1 |
17.1 9.2 |
-20.8% -1.8% |
| Generation - production (TWh) | Q1 2025 | Q1 2024 | ||
|---|---|---|---|---|
| Total production | 50.2 | 50.2 | -0.1% | |
| 14% | ||||
| Total Emission Free production | 42.3 | 41.6 | 1.7% | |
| Grids | Q1 2025 | Q1 2024 | |
|---|---|---|---|
| Electricity distributed (TWh) | 117.1 | 115.7 | 1.2% |
| End Users (mln) | 68.6 | 68.1 | 0.9% |
| Total Emission Free Capacity 69.7 65.5 6.4% Generation - production (TWh) Q1 2025 Q1 2024 Total production 50.2 50.2 -0.1% 16% 14% Total Emission Free production 42.3 41.6 1.7% Grids Q1 2025 Q1 2024 Electricity distributed (TWh) 117.1 115.7 1.2% End Users (mln) 68.6 68.1 0.9% Spain 12.7 12.6 0.7% RoW 24.9 24.4 1.7% Supply/Retail (volumes) Q1 2025 Q1 2024 Europe liberalized market energy sold (TWh) 30.4 34.1 -10.7% of which Italy 13.5 17.1 -20.8% of which Italy - B2C + SME 9.1 9.2 -1.8% of which Spain 16.9 17.0 -0.4% 7.6 7.4 2.0% of which Spain - B2C + SME Europe liberalized market gas sold (bcm) 2.5 2.8 -11.8% of which Italy 1.4 1.7 -13.3% of which Italy - B2C + SME 1.3 1.4 -15.2% of which Spain 1.1 1.2 -9.7% of which Spain - B2C + SME 0.7 0.7 -0.1% Latam liberalized market energy sold (TWh) 9.6 9.6 -0.1% Latam liberalized market gas sold (bcm) 0.06 0.06 -8.7% Latam exceludes Peru. End of regulated tariff in Italy for non vulnerable customers. Vulnerable |
||||
|---|---|---|---|---|
| (Coal, CCGT, Oil&Gas) | ||||
| (Coal, CCGT, Oil&Gas) | ||||
| customers still included in regulated customer base | ||||
| 1. 2024 restated figures. Rounded figures. It Includes JV and Stewardship capacity and production. Pro-forma numbers |




| 2. Group Installed Capacity (MW) Total Consolidated Capacity Group Q1 2025 Q1 2024 Hydro 28,321 28,337 -0.1% 25% of which pumping 8,145 8,066 1.0% Wind 15,739 15,853 -0.7% Solar & Others 12,331 10,744 14.8% Geothermal 860 860 0.0% 75% BESS 2,847 1,618 75.9% Generation Total Renewables 60,098 57,412 4.7% Nuclear 3,328 3,328 0.0% Total Emission Free Capacity 63,426 60,740 4.4% JV and Stewardship capacity Coal 4,627 4,627 0.0% CCGT 11,622 11,983 -3.0% Oil & Gas 4,758 5,616 -15.3% 34% Wind Total Thermal Generation 21,007 22,227 -5.5% Total Consolidated capacity 84,434 82,966 1.8% 1.8% 66% JV and Stewardship capacity 6,291 6,197 1.5% 1.5% Total Installed capacity 90,725 89,163 1.8% 1.8% Consolidated Capacity Italy Q1 2025 Q1 2024 Hydro 12,995 12,995 0.0% of which pumping 6,720 6,730 -0.1% Wind 874 874 0.0% Solar & Others 436 250 74.7% Geothermal 776 776 0.0% BESS 1,174 214 449.2% Total Renewables 16,256 15,109 7.6% Coal 4,160 4,160 0.0% CCGT 4,709 4,607 2.2% Oil & Gas 1,633 2,052 -20.4% Total Thermal Generation 10,502 10,819 -2.9% Total 26,758 25,928 3.2% |
||
|---|---|---|
| Free Capacity Total Thermal Solar & Others |
||
| Total Emission | ||



| 1.8% | ||||
|---|---|---|---|---|
| 1.5% | ||||
| 1.8% | ||||
| Consolidated Capacity | ||||
| Wind | 874 | 874 | 0.0% | |
| Solar & Others | 436 | 250 | 74.7% | |
| Geothermal | 776 | 776 | 0.0% | |
| BESS | 1,174 | 214 | 449.2% | |
| Total Renewables | 16,256 | 15,109 | 7.6% | |
| Coal | 4,160 | 4,160 | 0.0% | |
| CCGT | 4,709 | 4,607 | 2.2% | |
| Oil & Gas | 1,633 | 2,052 | -20.4% | |
| Total Thermal Generation | 10,502 | 10,819 | -2.9% | |
| Total | 26,758 | 25,928 | 3.2% | |
| Iberia | Q1 2025 | Q1 2024 | ||
| Hydro | 5,369 | 4,746 | 13.1% | |
| of which pumping | 1,425 | 1,336 | 6.6% | |
| Wind | 2,893 | 2,884 | 0.3% | |
| Solar & Others | 2,492 | 2,367 | 5.3% | |
| BESS | 6 | 6 | 0.0% | |
| Total Renewables | 10,760 | 10,003 | 7.6% | |
| Nuclear | 3,328 | 3,328 | 0.0% | |
| Total Emission Free Capacity | 14,088 | 13,331 | 5.7% | |
| Coal | 241 | 241 | 0.0% | |
| CCGT | 5,445 | 5,445 | 0.0% | |
| Oil & Gas | 2,304 | 2,333 | -1.3% | |
| Total Thermal Generation | 7,990 | 8,019 | -0.4% | |
| 22,078 | 21,350 | 3.4% |

| Latin America 1 | Q1 2025 | Q1 2024 | |
|---|---|---|---|
| Hydro | 9,957 | 9,802 | 1.6% |
| Wind | 5,301 | 5,107 | 3.8% |
| Solar & Others | 5,178 | 4,649 | 11.4% |
| Geothermal | 83 | 83 | 0.0% |
| BESS | 210 | 41 | 407.7% |
| Total Renewables | 20,730 | 19,684 | 5.3% |
| Coal | 226 | 226 | 0.0% |
| CCGT | 1,468 | 1,468 | 0.0% |
| Oil & Gas | 497 | 511 | -2.6% |
| Total Thermal Generation | 2,191 | 2,205 | -0.6% |
| Total | 22,921 | 21,888 | 4.7% |
| North America 2 | Q1 2025 | Q1 2024 | |
| Wind | 6,296 | 6,303 | -0.1% |
| Solar & Others BESS |
3,867 1,457 |
2,819 1,343 |
37.2% 8.5% |
| Total | 11,620 | 10,464 | 11.0% |
| Q1 2025 | Q1 2024 | ||
| 793 | -100.0% | ||
| Other countries 3 | -45.2% | ||
| Hydro | - | ||
| Wind Solar & Others |
375 357 |
684 659 |
-45.8% |
| BESS | - | 15 | 0.0% |
| Total Renewables | 733 | 2,152 | -66.0% |
| CCGT | - | 463 | -100.0% |
| Oil & Gas | 325 | 721 | -55.0% |
| Total Thermal Generation | 325 | 1,184 | -72.6% |
| 1,057 | 3,336 | -68.3% | |
| Total JV and Stewardship capacity |
|||
| Group 4 | Q1 2025 | Q1 2024 |
| Total | 11,620 | 10,464 | 11.0% |
|---|---|---|---|
| Total | 11,620 | 10,464 | 11.0% |
|---|---|---|---|
| Oil & Gas | 325 | 721 | -55.0% |
| Total Thermal Generation | 325 | 1,184 | -72.6% |
| Total | 1,057 | 3,336 | -68.3% |
| JV and Stewardship capacity | |||
| Group 4 | Q1 2025 | Q1 2024 | |
| Hydro | 19 | 19 | - |
| Wind | 4,129 | 4,129 | - |
| Solar & Others | 2,143 | 2,049 | 4.6% |
| Total | 6,291 | 6,197 | 1.5% |
| Additional Capacity YTD | |||
| Group | Hydro | Solar & Other | Total |
| Italy | 0.5 | 0.1 | 0.6 |
| Iberia | 623 | - | 623 |
| Latin America | - | 20 | 20 |
| Total | 624 | 20 | 643 |
| 1. 2024 restated figures: Latin America and Central America do not include Perú and include Mexico. 2. 2024 restated figures: North America does not include Mexico. 3. 2024 restated figures: Other countries include Perú, Germany, South Africa, Zambia and India |
| Group | Q1 2025 | Q1 2024 | A% yoy |
|---|---|---|---|
| Hydro | 19 | 19 | |
| Wind | 4.129 | 4.129 | |
| Solar & Others | 2,143 | 2,049 | 4.6% |
| Total | 6.291 | 6.197 | 1.5% |
| Group | Hydro | Solar & Other | Total |
|---|---|---|---|
| ltaly | 0.5 | 0.1 | 0.6 |
| lberia | 623 | 623 | |
| Latin America | - | 20 | 201 |
| Total | 624 | 20 | 643 |

| 3. Group Production (GWh) | ||||||
|---|---|---|---|---|---|---|
| Group | Q1 2025 | Q1 2024 | ||||
| Total Production | 50,205 | 52,724 | -4.8% | |||
| Consolidated production | 46,674 | 48,685 | -4.1% | |||
| of which Emission Free (consolidated) | 38,791 | 39,294 | -1.3% | |||
| JV and Stewardship Production | 3,531 | 4,039 | -12.6% | |||
| Total emission Free production 1 | 42,322 | 43,333 | -2.3% | |||
| Group | Q1 2025 | Q1 2024 | Quarter prod. | Total Group Production | ||
| Total |
| 3. Group Production (GWh) | ||||||
|---|---|---|---|---|---|---|
| Total Group Production | ||||||
| 7% | ||||||
| Consolidated production | 46,674 | 48,685 | -4.1% | Consolidated production |
||
| of which Emission Free (consolidated) | 38,791 | 39,294 | -1.3% | |||
| JV and Stewardship Production | 3,531 | 4,039 | -12.6% | JV and | ||
| Total emission Free production 1 | 42,322 | 43,333 | -2.3% | 93% Stewardship |
||
| Production | ||||||
| Group | Q1 2025 | Q1 2024 | Quarter prod. | Total Group Production | ||
| Hydro | 14,551 | 16,323 | -10.9% | 14,551 | Total 7% |
|
| of which pumping | 527 | 687 | -23.4% | 527 | Renewables 16% |
|
| Wind Solar & Others |
11,412 4,363 |
11,175 3,770 |
2.1% 15.7% |
11,412 4,363 |
Nuclear | |
| Geothermal | 1,331 | 1,436 | -7.3% | 1,331 | 14% 63% |
|
| Total Renewables | 31,657 | 32,703 | -3.2% | 31,657 | Total Thermal Generation |
|
| Nuclear | 7,134 | 6,591 | 8.2% | 7,134 | JV and | |
| Total Emission Free production | 38,791 | 39,294 | -1.3% | 38,791 | Stewardship production |
|
| Coal | 478 | 747 | -36.0% | 478 | ||
| CCGT Oil & Gas |
6,087 1,318 |
7,199 1,445 |
-15.4% -8.8% |
6,087 1,318 |
||
| Total Thermal Generation | 7,883 | 9,391 | -16.1% | 7,883 | ||
| Total consolidated production | 46,674 | 48,685 | -4.1% | 46,674 | ||
| JV and Stewardship production | 3,531 | 4,039 | -12.6% | 3,531 | ||
| Total production | 50,205 | 52,724 | -4.8% | 50,205 | ||
| Consolidated Production | ||||||
| Italy | Q1 2025 | Q1 2024 | Quarter prod. | |||
| Hydro | 3,731 | 4,060 | -8.1% | 3,731 | ||
| of which pumping Wind |
320 388 |
330 445 |
-2.9% -12.8% |
320 388 |
||
| Solar & Others | 92 | 29 | 217.9% | 92 | ||
| Geothermal | 1,303 | 1,342 | -2.9% | 1,303 | ||
| Total Renewables | 5,514 | 5,877 | -6.2% | 5,514 | ||
| Coal | 255 | 464 | -45.0% | 255 | ||
| CCGT Oil & Gas |
1,727 30 |
2,347 15 |
-26.4% 97.9% |
1,727 30 |
||
| Total Thermal Generation | 2,013 | 2,826 | -28.8% | 2,013 | ||
| Total | 7,527 | 8,703 | -13.5% | 7,527 | ||
| Iberia Hydro |
Q1 2025 2,328 |
Q1 2024 2,131 |
9.2% | Quarter prod. 2,328 |
||
| of which pumping | 206 | 357 | -42.2% | 206 | ||
| Wind | 1,736 | 2,167 | -19.9% | 1,736 | ||
| Solar & Others | 612 | 719 | -15.0% | 612 | ||
| Total Renewables Nuclear |
4,675 7,134 |
5,017 6,591 |
-6.8% 8.2% |
4,675 7,134 |
||
| Total Emission Free production | 11,809 | 11,608 | 1.7% | 11,809 |


| Consolidated Production | |||||
|---|---|---|---|---|---|
| Coal | 255 | 464 | -45.0% | 255 | |
| CCGT | 1,727 | 2,347 | -26.4% | 1,727 | |
| Oil & Gas | 30 | 15 | 97.9% | 30 | |
| Total Thermal Generation | 2,013 | 2,826 | -28.8% | 2,013 | |
| Total | 7,527 | 8,703 | -13.5% | 7,527 | |
| Iberia | Q1 2025 | Q1 2024 | Quarter prod. | ||
| Hydro | 2,328 | 2,131 | 9.2% | 2,328 | |
| of which pumping | 206 | 357 | -42.2% | 206 | |
| Wind | 1,736 | 2,167 | -19.9% | 1,736 | |
| Solar & Others | 612 | 719 | -15.0% | 612 | |
| Total Renewables | 4,675 | 5,017 | -6.8% | 4,675 | |
| Nuclear | 7,134 | 6,591 | 8.2% | 7,134 | |
| Total Emission Free production | 11,809 | 11,608 | 1.7% | 11,809 | |
| Coal | 89 | - | - | 89 | |
| CCGT | 2,990 | 2,957 | 1.1% | 2,990 | |
| Oil & Gas | 1,050 | 1,052 | -0.2% | 1,050 | |
| Total Thermal Generation | 4,129 | 4,010 | 3.0% | 4,129 |
| Consolidated Production | |||||
|---|---|---|---|---|---|
| Total | 7,527 | 8,703 | -13.5% | 7,527 | |
| Iberia | Q1 2025 | Q1 2024 | Quarter prod. | ||
| Hydro | 2,328 | 2,131 | 9.2% | 2,328 | |
| of which pumping | 206 | 357 | -42.2% | 206 | |
| Wind | 1,736 | 2,167 | -19.9% | 1,736 | |
| Solar & Others | 612 | 719 | -15.0% | 612 | |
| Total Renewables | 4,675 | 5,017 | -6.8% | 4,675 | |
| Nuclear | 7,134 | 6,591 | 8.2% | 7,134 | |
| Total Emission Free production | 11,809 | 11,608 | 1.7% | 11,809 | |
| Coal | 89 | - | - | 89 | |
| CCGT | 2,990 | 2,957 | 1.1% | 2,990 | |
| Oil & Gas | 1,050 | 1,052 | -0.2% | 1,050 | |
| Total Thermal Generation Total |
4,129 15,939 |
4,010 15,618 |
3.0% 2.1% |
4,129 15,939 |

| Latin America 2 | Q1 2025 | Q1 2024 | Quarter prod. | |
|---|---|---|---|---|
| Hydro | 8,492 | 8,766 | -3.1% | 8,492 |
| Wind | 3,528 | 2,834 | 24.5% | 3,528 |
| Solar & Others | 2,218 | 1,835 | 20.9% | 2,218 |
| Geothermal Total Renewables |
29 14,267 |
94 13,530 |
-69.4% 5.4% |
29 14,267 |
| Coal | 134 | 283 | -52.8% | 134 |
| CCGT | 1,370 | 1,282 | 6.9% | 1,370 |
| Oil & Gas | 163 | 157 | 4.4% | 163 |
| Total Thermal Generation | 1,667 | 1,721 | -3.2% | 1,667 |
| Total | 15,933 | 15,251 | 4.5% | 15,933 |
| North America 3 | Q1 2025 | Q1 2024 | Quarter prod. | |
| Wind | 5,591 | 5,367 | 4.2% | 5,591 |
| Solar & Others | 1,303 | 834 | 56.2% | 1,303 |
| Total | 6,894 | 6,201 | 11.2% | 6,894 |
| Q1 2025 | Q1 2024 | Quarter prod. | ||
| Other countries 4 | 1,365 | -100.0% | - 168 |
|
| Hydro | - | |||
| Wind | 168 | 361 | -53.5% | |
| Solar & Others | 138 | 352 | -60.7% | 138 |
| Total Renewables | 306 | 2,079 | -85.3% | 306 |
| CCGT Oil & Gas |
- 75 |
613 221 |
-100.0% -66.3% |
- 75 |
| Total Thermal Generation | 75 | 834 | -91.1% | 75 |
| Total | 381 | 2,912 | -86.9% | 381 |
| JV and Stewardship production | ||||
| Group 5 | Q1 2025 | Q1 2024 | Quarter prod. | |
| Hydro | 12 | 14 | -12.1% | 12 |
| Wind | 3,086 | 3,146 | -1.9% | 3,086 |
| Solar & Others Total |
433 3,531 |
880 4,039 |
-50.8% -12.6% |
433 3,531 |
| North America : | 01 2025 | Q1 2024 A% voy Quarter prod. | ||
|---|---|---|---|---|
| Wind | 5.591 | 5.367 | 4.2% | 5.591 |
| Solar & Others | 1,303 . | 834 | 56.2% | 1.303 |
| Total | 6.894 | 6,201 | 6.894 |
| Total | 381 | 2,912 | -86.9% | 381 | |
|---|---|---|---|---|---|
| JV and Stewardship production | |||||
| Group 5 | Q1 2025 | Q1 2024 | Quarter prod. | ||
| Hydro | 12 | 14 | -12.1% | 12 | |
| Wind | 3,086 | 3,146 | -1.9% | 3,086 | |
| Solar & Others | 433 | 880 | -50.8% | 433 | |
| Total | 3,531 | 4,039 | -12.6% | 3,531 | |
| 1. Emission free production considers nuclear + renewable production (consolidated & JV and Stewardship ). 2. 2024 restated figures. Latin America and Central America do not include Perú and include Mexico. 3. 2024 restated figures. North America does not include Mexico. 4. 2024 restated figures. Other countries include Perú, Germany, South Africa, Zambia and India 5. JV and Stewardship production includes US, Greece, South Africa, Marocco, Australia and India |
|||||
| Group 9 | Q1 2025 | Q1 2024 △% yoy Quarter prod. | ||
|---|---|---|---|---|
| Hydro | 12 | 14 | -12.1% | 12 |
| Wind | 3.086 | 3,146 | -1.9% | 3.086 |
| Solar & Others | 433 | 880 | -50.8% | 433 |
| Total | 3,531 | 4,039 | -12.6% | 3.531 |

| 4. Group Infrastructure & Networks | ||||||
|---|---|---|---|---|---|---|
| Electricity distributed (TWh) Italy Iberia |
Q1 2025 51.8 34.4 |
Q1 2024 53.7 -3.5% 33.4 2.9% |
End users1 (mn) Italy Iberia |
Q1 2025 Q1 2024 31.1 12.7 |
31.9 -0.7 12.6 0.1 |
|
| Latin America Brazil Chile Argentina |
31.0 19.0 3.6 4.5 |
30.9 0.2% 18.8 1.2% 3.6 0.2% 4.6 -2.1% |
Latin America Brazil Chile Argentina |
24.9 16.0 2.2 2.7 |
24.4 0.4 15.7 0.2 2.1 0.0 2.7 0.1 |
|
| Colombia & CAM Other Countries Total 2024 restated figures |
3.8 - 117.1 |
3.8 -1.6% 2.3 -100.0% 120.2 -2.6% |
Colombia & CAM Other Countries Total 1. End Users represent the number of distribution delivery points at the end of the period. |
4.0 - 68.6 |
3.9 0.1 1.6 -1.6 70.4 -1.8 |
|
| 4. Retail | 2024 restated figures | |||||
| Total energy sold (TWh)3 Liberalized Market Regulated |
Q1 2025 40.00 23.8 |
Q1 2024 45.5 -12.0% 27.4 -13.4% |
Total power customers4,2 (mn) Liberalized Market Regulated |
Q1 2025 Q1 2024 18.10 31.0 |
18.30 -0.2 35.9 -4.9 |
|
| Total Liberalized market |
63.8 | 72.9 -12.5% |
Total 2. End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in regulated customer base |
49.1 | 54.2 -5.2 |
|
| EU liberalized energy sold (TWh)3 Italy Iberia Total |
Q1 2025 13.5 16.9 30.4 |
Q1 2024 17.1 -20.8% 17.0 -0.4% 34.1 -10.7% |
EU liberalized power customers4 Italy Iberia Total |
Q1 2025 Q1 2024 (mn) 11.5 6.6 18.1 |
11.4 0.1 6.9 - 0.3 18.3 -0.2 |
|
| LA+CA liberalized energy sold (TWh)3 | Q1 2025 | Q1 2024 | ||||
| Brazil Chile Colombia & CAM Total |
4.6 3.9 1.1 9.6 |
4.4 3.4% 4.0 -2.6% 1.2 -5.1% 9.6 -0.1% |
||||
| Regulated markets | ||||||
| EU regulated energy sold (TWh)3 | Q1 2025 | Q1 2024 | EU regulated power customers4 | Q1 2025 Q1 2024 (mn) |
||
| Italy Iberia |
1.2 2.0 |
2.7 -56.2% 2.0 -1.2% |
Italy Iberia |
2.7 3.5 |
6.4 -3.7 3.6 -0.1 |
|
| Total | 3.2 | 4.7 -32.5% |
Total End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in regulated customer base |
6.2 | 10.0 -3.8 |
|
| Latin America and Central America regulated markets LA+CA regulated energy sold (TWh)3 |
Q1 2025 | Q1 2024 | LA+CA regulated power customers4 | |||
4. Retail
| Total energy sold (TWh)® | Q1 2025 Q1 2024 △% yoy | ||
|---|---|---|---|
| Liberalized Market | 40.00 | 45.5 -12.0% | |
| Regulated | 23.8 | 27.4 -13.4% | |
| Total | 63.8 | 72.9 -12.5% |
| EU liberalized energy sold (TWh) | Q1 2025 Q1 2024 △% yoy | |||
|---|---|---|---|---|
| i Italy | 13.5 | 17.1 -20.8% | ||
| lberia | 16.9 | 17.0 | -0.4% | |
| Total | 30.4 | 34.1 | -10.7% |
| LA+CA liberalized energy sold (TWh)> | Q1 2025 Q1 2024 △% yoy | ||
|---|---|---|---|
| Brazil | 4.6 | 4.4 | 3.4% |
| Chile | 3.9 | 4.0 | -2.6% |
| Colombia & CAM | 1.1 | 1.2 | -5.1% |
| Total | 9.6 | 9.6 | -0.1% |
| EU regulated energy sold (TWh)8 | Q1 2025 Q1 2024 △% yoy | ||
|---|---|---|---|
| Italy | 1.2 | 2.7 -56.2% | |
| l Iberia | 2.0 | 2.0 | -1.2% |
| Total | 3.2 | 4.7 -32.5% |
| 2. End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in regulated customer base Regulated markets EU regulated energy sold (TWh)3 EU regulated power customers4 Q1 2025 Q1 2024 (mn) Italy 1.2 2.7 -56.2% Italy Iberia 2.0 2.0 -1.2% Iberia Total 3.2 4.7 -32.5% Total regulated customer base Latin America and Central America regulated markets LA+CA regulated energy sold (TWh)3 LA+CA regulated power customers4 Q1 2025 Q1 2024 Brazil 12.3 12.8 -3.8% Brazil Chile 2.2 2.3 -4.0% Chile Argentina 3.7 3.8 -2.8% Argentina Colombia & CAM 2.4 2.4 -2.7% Colombia & CAM Total 20.6 21.3 -3.5% Total 3. Net of energy losses. 2024 restated figures 2024 restated figures |
|---|
| (mn) |
| Q1 2025 2.7 3.5 6.2 Q1 2025 16.0 2.1 2.7 4.0 24.8 |
| Q1 2024 6.4 3.6 10.0 Q1 2024 15.7 2.1 2.7 3.9 24.4 |
| -3.7 -0.1 -3.8 0.4 |
| End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in |
| 0.2 - 0.1 0.1 |
| Gas sold (bcm) Q1 2025 Q1 2024 Gas customers (mn) Q1 2025 Q1 2024 |
| Italy 1.4 1.7 -13.3% Italy 4.0 4.2 - 0.3 |
| Iberia 1.1 1.2 -9.7% Iberia 1.8 1.8 - 0.1 |
| Latin America 0.06 0.06 -8.7% Latin America ('000) 0.02 0.02 - |
| Total 2.5 2.9 -11.8% Total 5.7 6.1 -0.3 |
| 4. Power Customers represent clients with active contracts with Enel. |
| Gas sold (bcm) | Q1 2025 Q1 2024 △% yoy | ||
|---|---|---|---|
| Italy | 1.4 | 1.7 | -13.3% |
| lberia | 1.1 | 1.2 | -9.7% |
| Latin America | 0.06 | 0.06 | -8.7% |
| Total | 2.5 | 2.9 | -11.8% |
| (mn) | Q1 2025 | Q1 2024 | |
|---|---|---|---|
| 1. End Users represent the number of distribution delivery points at the end of the period. | |||
| 2024 restated figures | |||
| 2. End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in regulated customer base |
|||
| (mn) | Q1 2025 | Q1 2024 | |
| 2. End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included | ||
|---|---|---|
| EU liberalized power customers (mn) Q1 2025 Q1 2024 Aabs yoy | |||
|---|---|---|---|
| ltaly | 11.5 | 11.4 | 0.1 |
| lberia | 6.6 | 6.9 | 0.3 |
| Total | 18.1 | 18.3 | -0.2 |
| 1. End Users represent the number of distribution delivery points at the end of the period. | |||
|---|---|---|---|
| 2024 restated figures | |||
| 2. End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included | |||
| in regulated customer base | |||
| (mn) | Q1 2025 | Q1 2024 | |
| End of regulated tariff in Italy for non vulnerable customers. Vulnerable customers still included in | |||
| regulated customer base | |||
| LA+CA regulated power customers (mn) Q1 2025 Q1 2024 △abs yo | |||
|---|---|---|---|
| Brazil | 16.0 | 15.7 | 0 |
| Chile | 2.1 | 2.1 | |
| Argentina | 2.7 | 2.7 | |
| Colombia & CAM | 4.0 | 3.9 |
| Latin America and Central America regulated markets | |||
|---|---|---|---|
| Gas sold (bcm) | Q1 2025 | Q1 2024 | |
| 1.4 | 1.7 -13.3% | ||


The information contained in this presentation does not purport to be comprehensive and has not been independently verified by any independent third party. This presentation does not constitute a recommendation regarding the securities of the Company. This presentation does not contain an offer to sell or a solicitation of any offer to buy any securities issued by Enel S.p.A. or any of its subsidiaries.
| Fine Comunicato n.0116-29-2025 | Numero di Pagine: 12 |
|---|---|
| -------------------------------- | ---------------------- |
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