October 28, 2016

Buying clean energy from Italy: Enel

Obermann CEO Hermann J. Stern is in favor of renewable energy. That’s why he is happy to see Enel on the Italian Top 10 list. His personal research on Enel revealed the usual research commentaries: some recommendations to buy, and others to sell. These commentaries and opposing opinions are useless most of the time.

However, he does know that the Obermatt ranks are worthwhile, which is a good reason to look more closely. He visited their website and again found something typical: Enel boasts with the fact that they are environmentally-conscious. But is that really true? Marketing people can get away with anything.

So, he digs even deeper. And yes, it is true. Enel invests most of its money in renewable energy now. This is exactly what he wants. He buys Enel for its good Obermatt ranks and its strategy to go green through renewable energy.

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