Slide 1: FY 2017 consolidated results
FY 2017 consolidated results March 22, 2018
Slide 2: Opening remarks
FY 2017 consolidated results Opening remarks EBITDA ahead of full year guidance +2.5% YoY, Italy and South America driving growth amid weak resources scenario Cash costs flat despite perimeter changes and inflation dynamics Maintenance capex down 4% YoY and ahead of target 3.1 GW additional renewabl
Slide 3: Financial targets delivered
FY 2017 consolidated results Financial targets delivered 2017 2017 target vs. target 2016 ∆ YoY Ordinary EBITDA (€bn) 15.6 15.5 Ahead 15.2 +2.5% Net ordinary income (€bn) 3.7 3.6 Ahead 3.2 +14% Dividend per share (€) 0.237 0.21 Ahead 0.18 +32% Net debt (€bn) 37.4 37.8 Ahead 37.6 -0.4% FFO/Net debt
Slide 4: Delivery on strategic pillars
FY 2017 consolidated results Delivery on strategic pillars 1 ✔ Opex KPIs improved across all business lines Operational efficiency -4% in maintenance capex vs 2016 2 ✔ 500 €mn 2017 growth EBITDA achieved1 Industrial growth 90% of 2018 growth EBITDA already addressed 3 ✔ Group simplification & 2 €bn
Slide 5: Digitalization
FY 2017 consolidated results Digitalization Smart meters Key levers for digitalization +1 p.p. Networks automation +2mn +20mn % of network remotely controlled 54% 55% 61% Asset 2016 2017 2020 +5 p.p. Renewables1 % capacity with IoT 79% 84% 95% Customer People Data 2016 2017 2020 Cyber security drive
Slide 6: Customer focus: commodity retail
FY 2017 consolidated results Customer focus: commodity retail Free customers1 (mn) Power sold in free market2 (TWh) 267 Total Free customers growth across all 255 production countries +9% 239 Total 3 sales 20.0 213 Italy: increase free customer base of 0.8 18.3 +16% mn 1.0 20. 0 0.3 180 200 .00 15.
Slide 7: Operational efficiency
FY 2017 consolidated results Operational efficiency1 (€mn) Maintenance capex2 Opex Cash cost -4% +2% -% 5,00 0.00 4,50 0.00 11,5 00.00 11.1 4,00 0.00 8.6 11,0 00.00 3,50 0.00 10,5 00.00 10,960 11,006 2.5 8,643 3,00 0.00 2,50 0.00 8,494 10,0 00.00 9,50 0.00 2,00 0.00 1,50 0.00 1,00 0.00 2,466 2,363 9
Slide 8: Operational efficiency: focus on opex
FY 2017 consolidated results Operational efficiency: focus on opex Opex evolution1 Opex by business2 -1.2% 10, 000.0 Networks +2% €/end user 52.1 51.5 9,5 00.0 2016 2017 Renewables -2.7% 92 (207) k€/MW 37 9,0 00.0 226 40.1 39.0 8,5 00.0 8,643 2016 2017 8,494 -4.1% Thermal Generation3 8,0 00.0 k€/MW
Slide 9: Industrial growth: operational targets by business
FY 2017 consolidated results Industrial growth: operational targets by business Networks Retail Renewables Thermal generation End users (mn) Managed capacity (GW) Free customer base1 (mn) Installed capacity4(GW) Other renewables (GW) Smart meters (mn) Power sold2 (TWh) Hydro (GW)3 Smart meters 2.0 (
Slide 10: Industrial growth: capex
FY 2017 consolidated results Industrial growth: capex Total capex (€mn) Growth capex by business line (€mn)1 -9% -4% 10, 000 6,5 00 9,0 00 8,842 8,499 8.4 5,429 5,5 00 70 4,922 8,0 00 466 137 78 7,0 00 5,429 4,5 00 -71% 6,0 00 -9% 4,922 3,5 00 5,0 00 3,961 -9% 3,605 4,0 00 BSO 728 BSO 775 2,5 00 3,0
Slide 11: Industrial growth: additional capacity
FY 2017 consolidated results Industrial growth: additional capacity 12. 0 Capacity additions (GW) Additions by geography Tenders awarded2 10. 0 ~400 ~70% already addressed gCO2/KWhe 1% 2.4 7.8 40% 2% 16% 8.0 3.4 18% ~1 COD >2020 3% 6.0 BSO 3.1 GW 3.4 GW 26% 2.4 4.0 3.1 3.0 0.3 57% 30% 2.0 Organic 7%
Slide 12: e-Solutions – operational KPIs at the end of 2017
FY 2017 consolidated results e-Solutions – operational KPIs at the end of 2017 e-Industries e-Mobility e-Home e-City Public infrastructure Maintenance Demand Response Smart Lighting (GW generating revenues) (Public charging and repair (Light Points) stations installed) (Customer base) 5.7 GW ~1.1 k
Slide 13: Industrial growth: focus on capex addressed
FY 2017 consolidated results Industrial growth: focus on capex addressed1 2018-20 growth capex Capex addressed by business By year2 Growth EBITDA by year (€bn) 3 2018E 88% 2.5 2.3 44% 35% 2019E 54% 35% 2 1.7 14.6 €bn 8.2 €bn 61% 1.5 1.1 3.6 2020E 30% 1.8 cumulated 1 0.6 1.2 5% 16% 3% 0.5 1% 0.5 0.5
Slide 14: Group simplification & active portfolio management
FY 2017 consolidated results Group simplification & active portfolio management Disposals1 completed in 2017 (€bn) Acquisitions completed in 2017 (€bn) 2017 active portfolio management program (€bn) JV in North America 0.3 Enel Distribuçao Goiás 0.9 3.00 EnerNOC Electrogas Chile 0.2 e-Solutions 0.3
Slide 15: Communities and people
FY 2017 consolidated results Communities and people Local communities (mn beneficiaries)1 Our people New Old 2017 2015-17 target target 100% of people involved Appraise performance of Quality education 0.6 0.8 0.4 99% of people appraised people we work with2 94% of people interviewed Affordable and
Slide 16: Shareholder remuneration
FY 2017 consolidated results Shareholder remuneration Dividend policy DPS (€/sh) +18% +32% 0.30 0.28 0.25 65% 70% 0.20 0.237 55% 0.18 0.15 0.10 0.05 2016 2017 2018-20 2016 2017 2018 Minimum guaranteed 0.18 0.21 0.28 DPS Delivered and increased shareholder returns ahead of guidance +32% YoY 15
Slide 17: Financial results
FY 2017 consolidated results Financial results
Slide 18: Financial highlights (€mn)
FY 2017 consolidated results Financial highlights (€mn) FY 2017 FY 2016 ∆ YoY Like-for-like Revenues 74,639 70,592 +5.7% Reported EBITDA 15,653 15,276 +2.5% Ordinary EBITDA1 15,555 15,174 +2.5% +0% (5) Reported EBIT 9,792 8,921 +9.8% Ordinary EBIT2 9,736 9,435 +3.2% Reported Group net income 3,779 2
Slide 19: Market context in the period (change YoY)
FY 2017 consolidated results Market context in the period (change YoY) Electricity demand1 Average spot power prices (€/MWh) Currencies vs. euro2 -4.5% -3.5% -2.5% -1.5% -0.5% 0.5 % 1.5 % 2.5 % 3.5 % 4.5 % Spot price3 -20.0% -15.0% -10.0% -5.0% 0.0 % 5.0 % 10. 0% 15. 0% 20. 0% 42.8 Italy 2.0% Italy
Slide 20: Operational highlights
FY 2017 consolidated results Operational highlights Installed capacity (GW) Net production (TWh) +3% -5% 350 .00 82.7 84.9 261.8 249.9 Other Ren. Other Ren. 300 .00 8.5 10.5 250 .00 25.9 26.3 Hydro Hydro 60.0 27.4 27.8 200 .00 55.4 150 .00 Thermal gen. Thermal gen. 100 .00 175.8 168.2 46.8 46.6 Load
Slide 21: Operational highlights: Generation
FY 2017 consolidated results Operational highlights: Generation Installed capacity (GW) Net production (TWh) +3% -5% 300 .0 95. 0 290 .0 90. 0 280 .0 0.0 2.0 270 .0 85. 0 (0.2) 0.4 (7.0) (0.7) 84.9 260 .0 (4.7) 261.8 0.4 80. 0 82.7 250 .0 240 .0 249.9 75. 0 230 .0 70. 0 220 .0 FY 2016 Nuclear Therma
Slide 22: Operational highlights: Distribution
FY 2017 consolidated results Operational highlights: Distribution Electricity distributed (TWh) End users (mn) +4% +5% 450 .0 12.2 0.3 67. 0 445 .0 3.2 0.1 445.2 65. 0 65.5 440 .0 435 .0 2.8 63. 0 3.2 62.2 430 .0 61. 0 425 .0 426.7 59. 0 420 .0 57. 0 415 .0 410 .0 55. 0 FY 2016 Italy Iberia South Eu
Slide 23: Ordinary EBITDA evolution (€mn)
FY 2017 consolidated results Ordinary EBITDA evolution (€mn) +2.5% +-% 207 170 00.0 (724) 694 59 (225) 160 00.0 (72) 298 150 00.0 15,555 15,174 15,246 15,257 140 00.0 +1.5% 130 00.0 120 00.0 (Net of perimeter) 110 00.0 100 00.0 FY 2016 One-offs 1 FY 2016 Growth Efficiency Scenario & Forex Perimeter
Slide 24: Adjusted EBITDA by business (€mn)
FY 2017 consolidated results Adjusted EBITDA by business (€mn) -% 160 00 152 (270) 235 93 (33) (225) 59 Retail 155 00 Retail 2,706 €mn 2,440 €mn 150 00 15,246 15,257 Renewables 145 00 Renewables 3,987 €mn 140 00 3,956 €mn Generation 135 00 Generation 1,591 €mn 1,524 €mn 130 00 Networks 125 00 Networ
Slide 25: Global Renewable Energies: ordinary EBITDA analysis (€mn)
FY 2017 consolidated results Global Renewable Energies: ordinary EBITDA analysis (€mn) +1% -% 500 0.0 497 72 (417) 15 (197) 100 450 0.0 (22) 400 0.0 350 0.0 4,009 3,987 3,956 4,056 300 0.0 250 0.0 +4% 200 0.0 (Net perimeter) 150 0.0 100 0.0 500 .0 0.0 FY 2016 One-offs FY 2016 Growth Efficiency Scena
Slide 26: Adjusted EBITDA by geography (€mn)
FY 2017 consolidated results Adjusted EBITDA by geography (€mn) 17,0 00 -% Italy1 Italy 6,669 €mn 16,5 00 6,867 €mn Iberia 16,0 00 Iberia 3,536 €mn 189 (246) 378 (70) 30 43 (147) 3,290 €mn (225) 15,5 00 South America 59 South America 3,605 €mn 15,0 00 4,187 €mn 15,246 15,257 Europe & 14,5 00 Europe
Slide 27: Italy: ordinary EBITDA analysis by business (€mn)
FY 2017 consolidated results Italy: ordinary EBITDA analysis by business (€mn) +5.7% +2.9% 700 0.0 166 75 23 (5) (4) (60) 680 0.0 Retail 175 6,867 6,863 Retail 1,932 €mn 2,007 €mn 660 0.0 6,669 640 0.0 Renewables 6,494 Renewables 1,031 €mn 1,054 €mn 620 0.0 600 0.0 Generation 580 0.0 Generation -194
Slide 28: Italian retail market
FY 2017 consolidated results Italian retail market Power unitary margin (€/MWh) 100% 100% B2C -35% Adjusted EBITDA1 (€bn) Free market energy sold (TWh) 30.0 00 25.0 00 65% B2B 20.0 00 27 15.0 00 21 +4% +22% 10.0 00 80.0 00 5.00 0 2.50 70.0 00 63.1 - 1.9 2.0 2016 2017 2.00 60.0 00 51.6 13.8 1.50 50
Slide 29: From ordinary EBITDA to net ordinary income (€mn)
FY 2017 consolidated results From ordinary EBITDA to net ordinary income (€mn) (5,819) 15,555 (2,661) 9,736 (1,855) (1,511) 7,075 3,709 Ordinary D&A EBIT Financial EBT Income Minorities Group EBITDA expenses taxes net ordinary & other 1 income FY 2016 (€bn) 15.2 (5.7) 9.4 (2.7) 6.7 (2.1) (1.4) 3.2 C
Slide 30: Cash flow (€mn)
FY 2017 consolidated results Cash flow (€mn) (1,689) (489) 14,5 00 15,555 (1,579) 12,5 00 (1,672) 10,5 00 (8,499) Growth. 8,50 0 10,126 4,922 BSO 775 6,50 0 Maint 4,50 0 2,363 Connections 775 (2,873) 2,50 0 2,402 1,214 500 -1,500 (1,382) -3,500 (1,500) 589 Ordinary Provisions Working 1 3 Income
Slide 31: Net debt evolution (€mn)
FY 2017 consolidated results Net debt evolution (€mn) -143 Dec 31, 2016 Dec 31, 2017 continuing Free cash flow Active portfolio continuing operations after dividends management Forex operations 37,553 37,410 1 1,364 3 471 (1,525) 911 2 Net debt below guidance 1. Free Cash Flow after dividends net of
Slide 32: Debt and financial expenses (€mn)
FY 2017 consolidated results Debt and financial expenses (€mn) Gross and net debt Net financial expenses on debt -% -7% 51,388 51,332 8,326 7,020 5,509 6,902 2.4 2,524 37,553 37,410 2,340 FY 2016 FY 2017 FY 2016 FY 2017 Net debt Financial receivables Cash Financial expenses reduction and net debt ah
Slide 33: Forward sales Italy and Spain
FY 2017 consolidated results Forward sales Italy and Spain Italy 2018 Italy 2019 55 TWh 61 TWh Achieved Achieved 5% 5% 10% 20% Price1 45 €/MWh 49 €/MWh 35% Price1 40% vs. Plan vs. Plan 80% Spread2 +1,5 €/MWh 55% 40% Spread2 ~0 €/MWh 20% Expected Hedged Expected Hedged production production pro
Slide 34: Closing remarks
FY 2017 consolidated results Closing remarks Delivery on financial targets ahead of guidance Continued execution on key strategic pillars and enablers Geographical diversification in full play Record growth in renewables consistent with our growth ambitions FFO generation above 10 €bn 2018 financial
Slide 35: Annexes
FY 2017 consolidated results Annexes
Slide 36: From EBITDA to net income (€mn)
FY 2017 consolidated results From EBITDA to net income (€mn) 1 FY 2017 FY 2016 FY 2017 FY 2016 ∆ yoy ∆ yoy reported reported ordinary ordinary EBITDA 15,653 15,276 2.5% 15,555 15,174 2.5% D&A 5,861 6,355 5,819 5,739 EBIT 9,792 8,921 9.8% 9,736 9,435 3.2% Net financial charges (2,692) (2,987) (2,779)
Slide 37: Reported EBITDA matrix (€mn)
FY 2017 consolidated results Reported EBITDA matrix (€mn) Global Generation Global Infrastructures Renew able Services Retail Total Total & Trading & Netw orks Energies & Other FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 Italy 239 (70) 3,467 3,620
Slide 38: Ordinary EBITDA matrix (€mn)
FY 2017 consolidated results Ordinary1 EBITDA matrix (€mn) Global Generation Global Infrastructures Renew able Services Retail Total Total & Trading & Netw orks Energies & Other FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 Italy 239 (194) 3,467 3,62
Slide 39: EBITDA from Reported to Adjusted: breakdown by geography (€mn)
FY 2017 consolidated results EBITDA from Reported to Adjusted: breakdown by geography (€mn) Europe North & South Sub-Saharan FY 2017 Italy Iberia & North Central Other Total America Africa & Asia Africa America Reported 6,863 3,573 4,204 543 759 57 (346) 15,653 Extraordinary items - - (98) - - - - (
Slide 40: EBITDA from Reported to Adjusted: breakdown by business line (€mn)
FY 2017 consolidated results EBITDA from Reported to Adjusted: breakdown by business line (€mn) Global Thermal Global Global Services FY 2017 Generation Infrastructure Renewable Retail Total & Holding & Trading & Networks Energies Reported 1,963 7,378 4,047 2,440 (175) 15,653 Extraordinary items (10
Slide 41: Operational efficiency: opex (€mn)
FY 2017 consolidated results Operational efficiency: opex (€mn) -1% +2% 8,755 (261) 8,494 8,643 8,688 45 9,60 0 9,60 0 7,60 0 7,60 0 Personnel 3,663 3,642 -% 3,632 3,632 5,60 0 5,60 0 3,60 0 +3% 3,60 0 External costs 5,092 4,852 5,011 5,056 1,60 0 1,60 0 (4 00) (4 00) 1 FY 2016 One-offs FY 2016 FY 2
Slide 42: Forward sales South America
FY 2017 consolidated results Forward sales South America Chile Colombia 100% 95% 90% 100% 90% 70% 2018 2019 2020 2018 2019 2020 80 81 87 59 60 64 Peru Brazil 100% 100% 100% 100% 100% 100% 2018 2019 2020 2018 2019 2020 51 53 54 62 65 68 Hedged production Unhedged production - Average price (USD/MWh)
Slide 43: Gross debt structure
FY 2017 consolidated results Gross debt1 structure Long term debt by currency After swap Interest rate composition Long term credit ratings Rating Outlook 53% Standard & Poors BBB+ Stable 83% 22% 50.2 €bn 50.2 €bn 52.1 €bn 3% Moody’s Baa2 Stable 10% 3% 1% 78% 4% 6% 3% 27% Fitch BBB+ Stable 3% 1% 3%
Slide 44: Debt structure by instrument (€bn)
FY 2017 consolidated results Debt structure by instrument (€bn) Central South North & Central Europe & North Sub-Saharan Debt by instrument Enel Spa EFI Italy Iberia Total Others America America Africa Africa & Asia Bonds 12.19 21.71 - - 0.03 3.63 - 0.15 - 37.71 Bank Loans 1.04 - - 4.37 0.90 2.66 0.
Slide 45: Debt maturity coverage split by typology (€bn)
FY 2017 consolidated results Debt maturity coverage split by typology (€bn) 26.4 21.1 4.7 Available committed credit lines1 14.0 8.9 21.7 Short Term 1.9 4.7 Bank Loans and 1.6 4.4 3.9 Cash Others 3.0 0.7 7.1 Bonds 1.4 1.9 5.4 1.4 4.0 2.5 2.5 1.6 FY 2017 2018 2019 2020 2021 2022 After 2022 1. Of whic
Slide 46: Balance sheet (€mn)
FY 2017 consolidated results Balance sheet (€mn) FY 2017 FY 2016 ∆ Net financial debt 37,410 37,553 -0.4% Shareholder’s equity 52,161 52,575 -0.8% Net capital employed 89,571 90,128 -0.6% 45
Slide 47: Balance sheet structure (€mn)
FY 2017 consolidated results Balance sheet structure (€mn) Net fixed assets 105,405 120 ,000 7,177 1,598 (5,643) (10,432) 100 ,000 241 96,630 80,0 00 89,571 60,0 00 52,161 40,0 00 37,410 20,0 00 - Assets WIP Equity NWC Provisions Net Assets Net capital Equity Net debt investments HFS employed Net de
Slide 48: Italy reported figures (€mn)
FY 2017 consolidated results Italy reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 19,919 19,403 3% 239 (70) -441% - (460) -100% Infrastructure & Networks 7,584 7,237 5% 3,467 3,620 -4% 2,319 2,596 -11% Retail 16,
Slide 49: Iberia reported figures (€mn)
FY 2017 consolidated results Iberia reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 6,233 4,893 27% 783 812 -4% 191 187 2% Infrastructure & Networks 2,786 2,569 8% 2,086 1,817 15% 1,367 1,047 31% Retail 15,798 14,
Slide 50: South America reported figures (€mn)
FY 2017 consolidated results South America reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 2,588 2,427 7% 687 737 -7% 442 200 121% Infrastructure & Networks 9,304 6,992 33% 1,687 1,429 18% 1,212 835 45% Renewables
Slide 51: Argentina reported figures (€mn)
FY 2017 consolidated results Argentina reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 217 242 -10% 116 98 18% 70 60 17% Infrastructure & Networks 1,130 887 27% 140 155 -10% 358 128 180% Renewables 52 38 37% 32 23
Slide 52: Brazil reported figures (€mn)
FY 2017 consolidated results Brazil reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 263 208 26% 119 73 63% 106 65 63% Infrastructure & Networks 4,206 2,328 81% 644 433 49% 178 55 224% Renewables 622 363 71% 284 19
Slide 53: Chile reported figures (€mn)
FY 2017 consolidated results Chile reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 1,724 1,826 -6% 281 389 -28% 165 (16) -1131% Infrastructure & Networks 1,818 1,756 4% 237 252 -6% 177 204 -13% Renewables 1,142 1,
Slide 54: Colombia reported figures (€mn)
FY 2017 consolidated results Colombia reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 118 124 -5% 43 51 -16% 28 9 211% Infrastructure & Networks 1,366 1,239 10% 461 398 16% 361 316 14% Renewables 909 917 -1% 557 5
Slide 55: Peru reported figures (€mn)
FY 2017 consolidated results Peru reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Thermal Generation and Trading 266 27 885% 128 126 2% 73 82 -11% Infrastructure & Networks 784 782 0% 205 191 7% 138 132 5% Renewables 339 612 -45% 147 102 44% 12
Slide 56: Europe & North Africa reported figures (€mn)
FY 2017 consolidated results Europe & North Africa reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy Romania 1,180 1,058 12% 232 339 -32% 114 71 61% Russia 1,135 986 15% 270 186 45% 210 136 54% Slovakia - 1,360 -100% - 191 -100% - 114 -100% Other
Slide 57: Other countries reported figures (€mn)
FY 2017 consolidated results Other countries reported figures (€mn) Revenues EBITDA EBIT FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy FY 2017 FY 2016 yoy North & Central America 1,187 1,125 6% 759 833 -9% 553 565 -2% North America 716 774 -7% 408 587 -30% 293 398 -26% Mexico 142 125 14% 98 95 3% 52 42 24
Slide 58: Capex by country (€mn)
FY 2017 consolidated results Capex by country1 (€mn) -4% 8,842 S&H2 8,499 n.m. 30441 3072 North & Central America 1,832 2,127 +16% Services&Holding 2 South America Subsaharian Africa & Asia -2% North & Central America 3,069 South America 3,002 Iberia -4% Iberia Europe & North Africa 1,147 Europe & N
Slide 59: Capex matrix (€mn)
FY 2017 consolidated results Capex matrix1 (€mn) Global Generation Global Infrastructures Renew able Services Retail Total Total & Trading & Netw orks Energies & Other FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 Italy 115 126 1,275 1,278 227 304 13
Slide 60: Group total net installed capacity: breakdown by technology and geography
FY 2017 consolidated results Group total net installed capacity1: breakdown by technology and geography Solar & Oil&Gas MW Hydro2 Wind Geothermal Nuke Coal CCGT TOTAL Other ST/OCGT Italy 12,425 772 761 80 - 6,340 4,535 2,739 27,652 Iberia 4,752 1,618 - 14 3,318 5,168 5,445 2,417 22,732 South America
Slide 61: Group total net production: breakdown by technology and geography
FY 2017 consolidated results Group total net production1: breakdown by technology and geography Solar & Oil&Gas GWh Hydro2 Wind Geothermal Nuke Coal CCGT TOTAL Other ST/OCGT Italy 14,025 1,188 5,758 126 - 24,172 7,690 558 53,518 Iberia 5,038 3,351 - 27 26,448 24,906 11,849 7,000 78,618 South America
Slide 62: Group total additional capacity: breakdown by technology and geography
FY 2017 consolidated results Group total additional capacity1: breakdown by technology and geography Solar & Oil&Gas MW Hydro Wind Geothermal Nuke Coal CCGT TOTAL Other ST/OCGT Italy 10 55 - 1 - - - - 65 Iberia - - - - - - - - - South America 390 270 41 884 - - - 48 1,632 Argentina - - - - - - - - -
Slide 63: Renewable projects in execution: breakdown by technology and geography
FY 2017 consolidated results Renewable projects in execution: breakdown by technology and geography1,2 MW Wind Hydro Geothermal Solar Biomass Total Italy 8 30 7 - 54 98 Iberia - 9 - - - 9 South America 304 171 - 190 - 664 Europe & North Africa 154 - - - - 154 North & Central America 609 - - 912 - 1,
Slide 64: Renewable projects under construction: breakdown by technology and geography
FY 2017 consolidated results Renewable projects under construction : breakdown by technology and geography1,2 MW Wind Hydro Geothermal Solar Biomass Total Italy 8 3 - - 54 65 Iberia - 5 - - - 5 South America 304 171 - 103 - 578 Europe & North Africa 154 - - - - 154 North & Central America 516 - - 91
Slide 65: Renewable projects ready to build: breakdown by technology and geography
FY 2017 consolidated results Renewable projects ready to build : breakdown by technology and geography1,2 MW Wind Hydro Geothermal Solar Biomass Total Italy - 27 7 - - 33 Iberia - 5 - - - 5 South America - - - 86 86 Europe & North Africa - - - - - North & Central America 93 93 Sub-Saharan Africa & A
Slide 66: Global Renewable Energies gross pipeline
FY 2017 consolidated results Global Renewable Energies gross pipeline1 Pipeline by technology Pipeline by geography Pipeline by COD 1% 14% 2% 13% 4% 0% 51% 27% 28% 20.3 GW 20.3 GW 37% 20.3 GW 31% 47% 31% 14% Italy Wind Solar Hydro Iberia 2018 2019 South America Geo Other Europe & North Africa 2020 >
Slide 67: Disclaimer
FY 2017 consolidated results Disclaimer This presentation contains certain forward-looking statements that reflect the Company’s management’s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements ar
Slide 68: Contact us
Investor presentation Contact us Luca Passa Head of Group Investor Relations Investor Relations team Serena Carioti Alessia Di Ninno Federica Dori Monica Girardi Donatella Izzo Email Fabrizio Ragnacci investor.relations@enel.com Federica Todaro Emanuele Toppi Phone +39 06 8305 7975 Follow us Web sit