(Finance) – “As far as M&A is concerned, it is not possible to make a list. Neither a list of what to sell nor a list of what to buy should be made, because it means playing the other party’s game.” He stated this Flavio CattaneoCEO of Enelduring the press conference to present the Group Strategic Plan 2025-2027.
“Rather than throwing money away I give it to the shareholders – he explained – One does the business to make profits. The underlying thing is to make our investments, but they have to yield. If they yield less than what I pay my shareholder, or I buy myself the shares or I pay a higher dividend, with a market-friendly approach“.
On the nuclearCattaneo suggested looking “at countries where it already exists in Europe, such as Spain, France and Germany. The first two have it, the third has closed it. So there is proof. Where there is, prices are under 50 euroswhere there isn’t one like here they are double, whoever closed it doubled the prices and reopened the coal”.