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 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
September 15, 2025
Australia has reached 26.8GW of installed rooftop solar at the end of the first half of 2025, according to a report from the Clean Energy Council (CIC).
September 10, 2025
The CEFC has said that a coordinated approach to transmission in Pilbara, Western Australia, could save more than AU$30 billion over 25 years.
September 9, 2025
Australia's National Electricity Market (NEM) broke records yesterday when renewables supplied 76.4% of total electricity demand, with solar power contributing nearly 60% of the record-breaking clean energy mix.
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.

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