Enel buys 7 solar power plants in the US for $140 million

Source:ANSA

02 — Who / Subject

Enel Group

03 — Where / Locus

USA (Virginia, North Carolina, South Carolina)

04 — When / Temporality

May 19, 2026

Verified: May 19, 2026

05 — Why / Core Summary

"Enel has acquired seven operational photovoltaic plants in the US for $140 million. The plants have a total capacity of 270 MW and an annual production of 0.4 TWh. The acquisition marks Enel's entry into Virginia, North Carolina, and South Carolina."

Conflict Analysis

A significant expansion of Enel's renewable energy portfolio in the US market, marking entry into three new states.

Recommended Background Resource

Affiliate / AdAI Curation

The Grid: The Fraying Wires Between Americans and Our Energy Future

Author: Gretchen Bakke

This book provides a comprehensive look at the aging US electrical grid and the challenges of integrating renewable energy sources like solar power, which is essential for understanding the strategic value of Enel's acquisition in new US markets.

Explore Background Book (Amazon)

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