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Rinnovabili04/24/2013
Financial statements at December 31st, 2012 approved; a dividend of euro 0.0259 approved.
New Board of Directors appointed for the years 2013-2015.
Policy for the remuneration of Directors and Executives with strategic responsibilities voted favorably.
Bylaws amendment approved in order to provide that the Shareholder’s Meeting, both in ordinary and extraordinary session, shall be held, as a rule, on single call.
Renewables04/16/2013
EBITDA of around 1.8 billion euros in 2013, around 2.4 billion euros in 2015 and between 2.5 and 2.7 billion euros in 2017
Investment plan totalling 6.1 billion euros by 2017, unchanged from previous plan despite persistently adverse economic scenario
Installed capacity equal to 12.4 GW in 2017, up 4.4 GW
Continued expansion, essentially self-financed, with a focus on emerging markets and further geographical and technological diversification
Renewables, Wind power04/08/2013
The agreement relates to the development of the 250 MW “Buffalo Dunes” wind project, located in Kansas.
EFS Buffalo Dunes, a subsidiary of GE Capital, will invest approx. 40 million US dollars for the acquisition of a 51% stake in the project from EGP-NA and fund construction, whereas the latter will retain a 49% stake.
EGP-NA has an option to further increase its stake by 26% of the Buffalo Dunes equity on specific dates in 2013 and 2014.
Total equity investment required to build the project amounts to an approx. 370 million US dollars, of which EGP-NA will contribute an approx. 180 million US dollars.
