SALE COMPLETED OF A 50.01% STAKE IN ENDESA HELLAS TO MYTILINEOS FOR 140 MILLION EUROS
07/02/2010
Rome, 2nd July, 2010 Enel S.p.A. (Enel) informs that its Spanish subsidiary Endesa S.A. (Endesa) yesterday completed the sale of a 50.01% stake in Endesa Hellas to Mytilineos for a consideration of 140 million euros in accordance with the agreement signed last March.
At the same time, Enel Green Power S.p.A. has acquired a number of renewable assets in Greece from Endesa Hellas for a consideration of 20 million euros. These assets include plants currently in service (for a total of 8.80 MW, of which 2.80 MW mini-hydro and 6 MW wind) as well as under construction (for a total of 6.35 MW, which is entirely mini-hydro).
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