Enel S p A : continues its energy transition with the closure of the La Spezia coal-fired power plant in Italy

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ENEL CONTINUES ITS ENERGY TRANSITION WITH THE CLOSURE OF THE LA SPEZIA COAL-FIRED POWER PLANT IN ITALY

Rome, December 2nd, 2021 - Enel has received final authorization from Italy's Ministry for Ecological Transition for the definitive closure of the coal-fired plant at the "Eugenio Montale" thermoelectric power plant in La Spezia (Liguria).

The closure of the La Spezia plant is a further step forward in Enel's commitment to the energy transition towards an increasingly sustainable business model, with the aim of progressively replacing fossil fuels to produce electricity in order to achieve climate neutrality at a global level. In Italy, Enel has already closed the coal-fired power plants in Genoa (Liguria) and Bastardo (Umbria), and at the end of 2020, it closed Group 2 of the "Federico II" power plant in Brindisi (Puglia). With the authorization for the closure of La Spezia and that of Groups 1 and 2 of the "Andrea Palladio" power plant in Fusina (Veneto), which was already received, a further 870 MW will be decommissioned this year.

Nicola Lanzetta, Head of Enel Italia, said, "The go-ahead for the closure of the coal-fired group at the La Spezia power plant is an important step forward in our commitment to the energy transition. Overall, with these additional authorizations, we will have decommissioned around 1,900 MW of coal-fired capacity in Italy by the end of 2021."

At a global level, as of 2019, Enel's installed capacity from renewable sources exceeded that from thermoelectric sources for the first time. This is an irreversible trend in line with the Group's aim to achieve zero-emission power generation.

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Enel SpA - Registered Office: 00198 Rome - Italy - Viale Regina Margherita 137 - Companies Register of Rome and Tax I.D. 00811720580 - R.E.A. 756032 - VAT Code 15844561009 - Stock Capital Euro 10,166,679,946 fully paid-in.