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Capital Flows, Energy
October 23, 2023

Coal transition slowdown threatens Enel with record SLB step-up coupon

ByAlex Janiaud
Enel logo and headquarters
Enel has issued 30 sustainability-linked bonds since 2019, making it the largest SLB issuer in the world (Photo: Flavio Lo Scalzo/Reuters)

Italian utility company Enel is expected to miss emissions targets that are key to 10 of its sustainability-linked bonds

A slowdown in Europe’s shift from coal to gas has hampered utility giant Enel’s progress towards slashing its greenhouse gas emissions, meaning it will probably have to foot as ...

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