Enel Green Power Board of Directors Approves 2015 Results

Published on Tuesday, 22 March 2016

  2015 2014 Change
Total revenues 2 986 2 996 -0,3%
EBITDA 1 826 1 942 -6,0%
EBIT 785 1 021 -23,1%
Group net income 166 359 -53,8%
Net financial debt as of December 31st 6 879 6 038 +13,9%

Consolidated operational highlights

  2015 2014 Change
Additional installed capacity (GW) 1,5 1,0 +50,0%
Net installed capacity (GW) 10,5 9,6 +9,4%
Net power generation (TWh) 33,6 31,8 +5,7%

Net installed capacity

  Net installed capacity (MW)
  At December 31st
  2015 2014 Change 2013
Wind 6 575 5 697 878 5 085
Hydropower 2 625 2 624 1 2 624
Geothermal 833 833 - 795
Solar 399 433 (34) 249
Biomass 38 39 (1) 23
Cogeneration - - - 37
Total 10 470 9 626 844 8 813

“Just over five years from its listing, Enel Green Power has consolidated its position as one of the main global renewable energy players, growing its installed capacity in 2015 by a further 1.5 GW, almost entirely in countries blessed by great resource potential and that leverage on the growing competitiveness and flexibility of those resources to meet their electricity demand. The contribution from the new installed capacity base and the increasing portfolio diversification underscore the soundness of our strategic choice that allowed Enel Green Power to counteract the effects of a more challenging price scenario, as well as ensuring robust cash flow that covers growth investments, also thanks to the optimisation of existing portfolio and despite the acceleration of investments driven by the recent strategic plans. 2015 also marks the entrance of Enel Green Power in new markets such as India and the launch of innovative projects, including rural electrification in Kenya and integration of storage in two of our Italian wind and PV plants. All of the above is testament to Enel Green Power’s willingness to act as a leading player in the paradigm shift taking place in the electricity market”

– Francesco Venturini, Chief Executive Officer and General Manager of Enel Green Power