Enel Green Power looks to Asia for next phase of growth

By Stephen Jewkes MILAN (Reuters) – Enel Green Power (EGP) is stepping up its expansion in Africa and will turn to Asia next as it chases growing energy demand in emerging economies, the head of Italy’s biggest renewable energy company told Reuters. In recent years EGP, controlled by Europe’s No. 2 utility Enel, has invested heavily in Latin America, shifting its focus from mature European markets to fast-growing emerging markets with clear regulations and abundant natural resources. “Asia is the next step for us,” Francesco Venturini told Reuters, without providing figures on future investments.