Neste's output snafu dents net-zero aviation goals reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
SSAB profit hit flags EU steel's parlous state kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
In 2021, Enel had the world at its feet. Thanks to early bets on wind and solar by Francesco Starace, chief executive since 2014, the Italian utility was worth $105 billion and it seemed all set to be a major winner from the energy transition. Fast-forward two years, and Starace has been ousted by the Italian government, Enel’s 24% shareholder, the group’s net debt has ballooned due to energy crisis troubles, and it’s now only worth $65 billion.