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Francesco Starace: PNRR, Enel supports the country

Enel: Starace’s speech at the presentation of Sace’s 2021 Export Report

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Speaking on 14 September at the presentation of Sace’s 2021 Export Report, Enel’s CEO Francesco Starace explained that he sees “hope and optimism for the next few years.” Focusing on results, the CEO spoke about the importance of making the most of the opportunities deriving from Italy’s PNRR (National Recovery and Resilience Plan) in the years to come, as “it gives us a historical chance to take some fundamental actions for the long term, recovering lost ground and, above all, taking the road to a different kind of growth.”

With this in mind and with “great effort and commitment,” Enel is presenting projects worth “potential investments of 26 billion euros, for two of the six pillars in the plan.” Initiatives that can lead to an increase of employment of about “104,000 jobs, as well as an increase in the GDP of approximately 86 billion euros, about three and a half times the investments” announced. These are projects that Francesco Starace described as “fundamental” in order to “transform the industrial structure and create new energy and industrial sectors, taking up new spaces in the world’s energy growth”.

“We are available to anyone who wants to team up with us, as we believe that the more people who push for this, the more we will be able to grow our economy”

Francesco Starace, Enel CEO

After a first phase in which Italy “did much more than could be expected, and became one of the few European countries to achieve its 2020 targets – thanks to the impetuous growth of renewable energies,” now “a second phase of at least another ten years is underway, leading to a further major transformation: the electrification of energy consumption.”

In this, as Francesco Starace emphasized, Italy can continue to count on Enel: “We are available to anyone who wants to team up with us, as we believe that the more people who push for this, the more we will be able to grow our economy”, in order “not to return to pre-pandemic levels – which were not worthy of Italy – but rather to reach the level of countries like the United States.”

Enel editorial staff