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Inpex decides on solar power and battery energy storage project in Australia

Inpex decides on solar power and battery energy storage project in Australia TOKYO, June 14 (Reuters) - Japan's Inpex 1605.T said on Friday it had reached a final investment decision on a combined project of solar power generation and battery energy storage in Australia, through Enel Green Power Australia (EGPA), in which it has a 50% stake. The move comes as part of efforts by the Japan's biggest oil and gas explorer to trim carbon dioxide emissions to help tackle climate change.
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Inpex Corp - Reaches Final Investment Decision On Solar And Battery Storage Project In New South Wales, Australia Through Enel Green Power Australia

BRIEF-Inpex Corp - Reaches Final Investment Decision On Solar And Battery Storage Project In New South Wales, Australia Through Enel Green Power Australia June 14 (Reuters) - Inpex Corp 1605.T : INPEX CORP - REACHES FINAL INVESTMENT DECISION ON SOLAR AND BATTERY STORAGE PROJECT IN NEW SOUTH WALES, AUSTRALIA THROUGH ENEL GREEN POWER AUSTRALIA Source
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Enel's Peru asset sale to cut debt by nearly 2.9 bln euros in 2024

Enel's Peru asset sale to cut debt by nearly 2.9 bln euros in 2024 June 13 (Reuters) - Enel's ENEI.MI consolidated net debt will fall by around 2.9 billion euros ($3.13 billion) this year following the disposal of its power distribution assets in Peru, the Italian energy group said late on Wednesday. The deal will entail a positive impact of about 500 million euros on reported net income in 2024, on top of a 500-million-euro net debt reduction already booked in 2023. In April 2023 Enel agreed to
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Italy - Factors to watch on June 13

Italy - Factors to watch on June 13 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS (*) Group of Seven (G7) leaders start their annual summit on Thursday looking to double down on support for Ukraine in its war with Russia and offer a united face in confronting China's political and econo
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Enel Says Co Finalized Agreement Signed In April 2023 Relating To Distribution Assets In Peru

BRIEF-Enel Says Co Finalized Agreement Signed In April 2023 Relating To Distribution Assets In Peru June 12 (Reuters) - Enel SpA ENEI.MI : DEAL ENTAILS A REDUCTION OF ENEL GROUP'S CONSOLIDATED NET DEBT OF ABOUT 2.9 BILLION EUROS DEAL ENTAILS A REDUCTION OF ENEL GROUP'S CONSOLIDATED NET DEBT OF ABOUT 2.9 BILLION EUROS ENEL - ENTERPRISE VALUE RELATING TO 100% OF ASSETS UNDER AGREEMENT IS ABOUT 4 BILLION US DOLLARS (APPROX.
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Microsoft, BlackRock CEOs expected to attend G7 session in Italy

Microsoft, BlackRock CEOs expected to attend G7 session in Italy BARI, Italy, June 12 (Reuters) - The heads of U.S. corporate heavyweights Microsoft MSFT.O and BlackRock BLK.N are expected to attend talks on infrastructure development during the Group of Seven (G7) summit in southern Italy on Thursday, two sources familiar with the matter said. Satya Nadella, the CEO of Microsoft, and Larry Fink, his counterpart at asset manager BlackRock, will be joined by Italian business figures including the
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Europe's push for industrial champions seen continuing despite divisive Parliament poll

Europe's push for industrial champions seen continuing despite divisive Parliament poll By Foo Yun Chee BRUSSELS, June 7 (Reuters) - Europe's push for industrial champions is expected to continue after European Parliament elections this weekend that will likely see the major political parties lose seats to nationalist and populist parties, analysts said.
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Italy - Factors to watch on June 7

Italy - Factors to watch on June 7 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY (*) Traders scaled back bets that the ECB would cut interest rates twice more this year, and outpace peers in easing policy, after the euro zone central bank gave little hint on Thursday of further moves.
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Santiago suffers power outage after tree damages transmission tower

Santiago suffers power outage after tree damages transmission tower June 6 (Reuters) - Around 428,000 customers in Santiago, Chile, faced a significant power outage after a fallen tree severely damaged a high-voltage transmission tower at midnight on Thursday, as reported by the national disaster prevention and response service (SENAPRED). The disruption caused an estimated loss of 260 MW of consumption, equivalent to about 10% of Santiago's total demand, according to the National Electric Coord
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Italy - Factors to watch on June 4

Italy - Factors to watch on June 4 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy will send a second SAMP/T air defence system to Ukraine, its foreign minister said in a radio interview on Monday, responding to Kyiv's pleas for greater help to fend off Russian missile attacks.
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Moody's improves credit rating outlook on Italy's Enel

Moody's improves credit rating outlook on Italy's Enel MILAN, June 3 (Reuters) - Moody's investors service has lifted the outlook for the credit rating of Italy's Enel ENEI.MI to "stable" from "negative" thanks to the utility's positive financial performance in 2023 and in the first quarter of this year, Enel said on Monday. At the same time Moody's confirmed the long-term credit rating of Enel at "Baa1" and maintained the short-term credit rating at "P-2".
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Moody's Improves Enel's Outlook From "Negative" To "Stable"

BRIEF-Moody's Improves Enel's Outlook From "Negative" To "Stable" June 3 (Reuters) - MOODY'S- IMPROVES ENEL'S OUTLOOK FROM “NEGATIVE” TO “STABLE”, CONFIRMS LONG-TERM RATING AT “BAA1” AND SHORTTERM RATING AT “P-2”
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Italian local govts must identify suitable areas for renewables projects, draft decree says

Italian local govts must identify suitable areas for renewables projects, draft decree says ROME/MILAN, May 30 (Reuters) - The Italian government will order regional authorities to identify suitable areas for renewable energy projects within six months, a draft decree showed on Thursday , in a long-awaited regulation to speed up green energy development.
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C3.ai rises as Q4 revenue beats expectations

BUZZ-C3.ai rises as Q4 revenue beats expectations Updates ** Shares of AI software company C3.ai AI.N rise 8.7% to $26 in extended trading ** C 3.ai reports Q4 revenue of $86.6 mln, compared with estimates of $84.4 mln - LSEG ** Forecasts FY25 revenue between $370 mln and $395 mln v s estimates of $367.51 million ** Expects additional acceleration of revenue growth to approximately 23% in FY25 ** In Q4, the company entered into new and expansion agreements with government agencies s uch as the U
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Enel chairman says investments in grids are financially attractive

Enel chairman says investments in grids are financially attractive TRENTO, Italy, May 24 (Reuters) - Investments in power grids are attractive for Italian power utility Enel ENEI.MI and other groups that distribute electricity because, once approved by the authorities, they guarantee predictable returns, chairman Paolo Scaroni said on Friday. This was one reason why the Italian group announced last November it would focus on its grid business while becoming more selective on the power generation
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Stocks don't like higher for longer

LIVE MARKETS-Stocks don't like higher for longer Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . STOCKS DON"T LIKE 'HIGHER FOR LONGER" Futures are indicating a sharp drop for European shares at the open on Friday, after a solid set of U.S.
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Italy - Factors to watch on May 24

Italy - Factors to watch on May 24 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Reaching a comprehensive deal on how to mobilise revenues stemming from frozen Russian assets will not be simple, Italy's Economy Minister Giancarlo Giorgetti said on Thursday ahead of a G7 finance summit.
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Italy's Enel pushes back solar panel output goal, document shows

Italy's Enel pushes back solar panel output goal, document shows MILAN, May 23 (Reuters) - Enel ENEI.MI plans to increase the production of solar panels at its factory in Sicily to 3 gigawatt (GW) capacity by the end of 2025, later than previously expected, documents published by the Italian utility showed. The group announced in 2022 it would expand the capacity of its solar panel factory 15-fold in order to reach a maximum production capacity of 3 GW by July 2024. At that time the group also s
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Italy - Factors to watch on May 23

Italy - Factors to watch on May 23 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine's war effort and how to address China's growing export strength in key m
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Italy - Factors to watch on May 23

Italy - Factors to watch on May 23 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine's war effort and how to address China's growing export strength in key m
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