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To: Lee Lichterman III who wrote (200920)	4/17/2020 6:06:21 AM
From: elmatador	Respond to of 206089

Oil company ENI that invested in renewable energy put its African operations for sale greenbuildingafrica.co.za Companies with low oil reserves were aggressive in investing in renewable energy With oil at its lowest they start selling. See report on The renewable energy strategies of oil majors – From oil to energy? sciencedirect.com Total Equinor and Shell also invested in renewables.

To: Lee Lichterman III who wrote (200920)	4/17/2020 6:24:58 AM
From: elmatador	2 Recommendations Recommended By Lee Lichterman III Winfastorlose Respond to of 206089

OOPS ! It was not ENI. It is another Italian company ENEL. Enel in search for 50% renewables JV partner in Africa - report Enel's Fonte dos Ventos wind project in Brazil, developed by SOWITEC and turned into a wind/solar hybrid. Source: SOWITEC group April 17 (Renewables Now) - Italian energy major Enel SpA (BIT:ENEL) is in a search for a financial partner willing to take an interest of up to 50% in its renewables business in Africa, Bloomberg reports, citing a company spokesperson. The Enel representative has told the news agency that the company has been looking to create a joint venture there since before the COVID-19 outbreak and will continue despite the health crisis. At present, Enel Green Power has projects in South Africa, Morocco and Zambia. It plans to add up to 3.6 GW of new capacity over the next two years, mainly in Africa and Asia, the spokesperson has added.