Enel to sell 50% in Australian ops to Inpex

Facebook
Twitter
LinkedIn
Reddit
Email
Enel Green Power and Inpex Corporation will jointly control Enel Green Power Australia, which operates three solar PV plants with an installed capacity of 310MW. Image: Inpex Corporation

Italian utility Enel SpA has signed an agreement with Japanese energy company Inpex Corporation to sell half of its Australian operation for €400 million (US$446.9 million).

After the transaction, Enel Green Power and Inpex will jointly control Enel Green Power Australia (EGPA), which consists of subsidiaries Enel Green Power Australia and Enel Green Power Australia Trust.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Enel Green Power and Inpex will oversee EGPA’s current renewable generation portfolio and continue to develop the project pipeline, targeting an increase in EGPA’s installed capacity.

Currently, EGPA operates three solar PV plants with an installed capacity of 310MW, as well as a 76MW wind project under construction, and a 93MW solar project in execution. EGPA is also developing a portfolio of wind, solar, storage and hybrid projects across Australia.

Sale of solar projects in Chile

Enel also signed a deal on 12 July to sell four PV plants in Chile with a capacity of 416MW to independent power producer (IPP) Sonnedix for US$550 million.

The solar PV plants that make up the portfolio are Diego de Almagro (36MW), Carrera Pinto (97MW), Pampa Solar Norte (79MW) and Domeyko (204MW), which jointly generate about 1 TWh per year.

These four solar assets are located in the northern regions of Atacama and Antofagasta, known for having some of the highest irradiation levels in the world.

In June, Sonnedix launched operations at its 160MW Sonnedix Meseta de los Andes solar plant in central Chile.

Read Next

September 5, 2025
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.
September 4, 2025
ARENA has launched the second funding round of its AU$1 billion Solar Sunshot programme, making AU$150 million available.
September 2, 2025
Spanish construction firm GES (Global Energy Services) has secured a contract to build a roughly 700MW solar-wind-storage hybrid project in Chile.
September 2, 2025
Spanish independent power producer (IPP) Grenergy has sold the fourth phase of its flagship solar-plus-storage project in Chile, Oasis de Atacama.
September 1, 2025
Australia’s National Electricity Market (NEM) hit a record high for the combined utility-scale solar PV and wind share in the electricity mix on 30 August.
August 31, 2025
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines