Enel’s presence in the U.S. renewable sector is substantial, with 81 operational sites across nine states, producing wind and solar energy. The company is actively developing new projects, including six solar farms currently under construction, adding to its total consolidated renewable capacity of 11,620 MW as of Q1 2025.
Recent expansions include hybrid renewable + storage projects in Texas, Illinois, and Oklahoma, such as the Roseland Solar + Storage and Ranchland Wind + Storage projects. These developments integrate battery storage to enhance grid resilience and optimize energy output.
Unlike greenfield projects, which require building from scratch, brownfield development repurposes previously used land—often former industrial or commercial sites. The U.S. Environmental Protection Agency (EPA) has identified 80,000 acres of brownfields suitable for renewable energy projects, offering a unique opportunity to transform underutilized land into productive clean energy hubs.
Brownfield sites often come with existing infrastructure, reducing development costs and accelerating project timelines. However, they also pose challenges, such as contamination risks and permitting hurdles, requiring careful planning and investment.
Renewable energy projects benefit from a range of funding mechanisms, including federal tax credits, grants, and loan programs. The Renewable Electricity Production Tax Credit (PTC) and Investment Tax Credit (ITC) provide financial incentives for wind and solar developments, while the Department of Energy (DOE) offers grants and financing options for startups and large-scale projects.
Additionally, state-level Renewable Portfolio Standards (RPS) mandate that utilities source a percentage of their electricity from renewables, further driving investment in clean energy.
With this latest transaction, Enel continues to solidify its role as a leader in the U.S. renewable energy market. By leveraging brownfield sites, expanding its wind and solar portfolio, and tapping into strategic funding opportunities, the company is well-positioned to drive sustainable growth and support the nation’s clean energy transition, even in the face of changing energy policies.
