Electric mobility: the European Investment Bank is racing alongside Enel X

The electric adventure continues with Enel X. The business line specialised in innovative digital solutions never stops in its mission to promote the culture of electricity, the company’s founding principle. Enel X is one of the actors behind the plan to install 14,000 charging infrastructures throughout Italy, over the next four years. This goal is shared by a precious ally, the European Investment Bank (EIB), with which Enel X Mobility (a subsidiary of Enel X) has signed an agreement for a ten-year loan of 115 million euros earmarked for the infrastructure investment that will revolutionize mobility in Italy, paving the way towards a future of sustainability and innovation.

The Enel X National Programme, which aims to install a first phase of 7,000 stations by 2020 and to reach 14,000 by 2022, represents an important turning point towards a future in which greater attention is paid to climate change and efficient, ecological solutions are available that are accessible to all. The EBI, which is committed to supporting projects that combine technological intelligence with low environmental impact, will contribute about 50% of Enel X Mobility’s total investment.

We are firmly committed to giving Italy a decisive boost in developing a sustainable mobility system. Our plan is ambitious, and it is important to have the EIB on board to implement it. We will build a widespread and technologically advanced infrastructure that will contribute to increasing the number of electric vehicles on the road in Italy and will significantly benefit the environment and the economy, businesses and citizens, improving daily life as well as transportation and consumption habits.

Francesco Starace

Enel CEO