Italy’s Enel spins off new firm for digital grid services – report
ROME, Sept 23 (Reuters) – Europe’s biggest utility Enel (ENEI.MI) has set up a new company dedicated to digital grid services, which aims to have a revenue of 1.5 billion euros ($1.76 billion) by 2030, newspaper Il Sole 24 Ore reported on Wednesday. The spinoff, Gridspertise, will manage all activities related to digital meters and intelligent grid […]
For state-owned power utility companies in the Pacific, it’s time to cut the cord
State-owned power companies in the Pacific are increasingly becoming a fiscal risk in part due to their outdated management practices. Reforms are needed to allow them to prosper and perform into the future.
