CdM | Endesa has combined the use of 5G technology with artificial intelligence (AI) to improve the safety of workers during maintenance work on distribution network infrastructures, the company said. Specifically, e-distribución, the energy company’s network subsidiary, has deployed a private 5G network at the Ecogarraf substation in Barcelona as part of the European Smart5Grid project, which has explored the possibilities offered by 5G technology in the development of smart…

Link Securities| The company, through its Redes subsidiary, will spend €71.5 million this year on infrastructure inspection, grid improvements and selective pruning work with the dual aim of ensuring continuity of supply and reducing the risk of fires, especially in the summer period, according to the Bolsamania.com portal. The investment in the so-called “Summer Campaign 2024” is 21% higher than in the previous year and places special emphasis on cleaning…

Link Securities| Moody’s affirmed Enel’s long-term credit rating at “Baa1”, while maintaining Enel’s short-term rating at “P-2”. The rating agency said the rating confirmation mainly reflects Enel’s prospects of restoring its financial profile to a level in line with the current “Baa1” rating. The rating continues to reflect the Enel group’s large scale and geographic diversification, as well as the group’s business model, which will continue to be predominantly driven…

Link Securities | Brookfield, BlackRock, Schroders and Masdar are competing for a 49% stake in Endesa’s renewables portfolio, in a deal that could be worth around €1.2 billion, as the total portfolio is valued at around €2.4 billion, according to today’s edition of Expansión newspaper. In the final stretch of the bidding for these assets are also the Danish fund AIP Management and the Thai state-owned oil company PTTEP. The…