ENEL’S GENUINE ASSET TRIMMING YET TO BE FULLY DISCOUNTED (ADD; 29% UPSIDE)
31/10/24 -" Utilities like Engie (Add; France), RWE (Add; Germany), and Verbund (Sell; Austria) benefited significantly from the 2022 energy crisis thanks to particularly effective market strategies and ..."
Pages
52
Language
English
Published on
31/10/24
You may also be interested by these reports :
24/06/26
We upgrade RWE from Reduce to Add following the acquisition of a 35% minority stake in German TSO Amprion GmbH for c. €3.6bn, fully funded via ...
23/06/26
RWE will acquire an additional 35% stake in Amprion for €3.6bn, increasing its effective ownership to c.55%, funded through an accelerated equity ...
19/06/26
Our target price has been mechanically reduced following the removal of Enel from the peer group, which was no longer fully justified given its scale ...
18/06/26
With consolidated EBITDA now split roughly c.35% to Acciona Energía, c.32% to Infrastructure & Construction, c.30% to Nordex (REDUCE; Germany) ...