Enel North America, an Enel Group subsidiary, has launched its retail energy business in select deregulated U.S. states, starting with Texas. The move enables commercial and industrial (C&I) organizations to purchase competitively priced renewable energy directly from Enel’s generation assets, allowing them to advance their net-zero and sustainability goals without having to make the long-term financial commitment of signing a power purchase agreement (PPA).
Enel is now ready to serve customers in Texas, where it has over 4 GW of renewable projects operational or under construction. The company plans to expand into other deregulated states including, but not limited to, Ohio, Illinois and Pennsylvania in 2023.
“Our customers are increasingly seeking alternative ways to…