Rome, February 27, 2003 The 50-50 joint venture set up by Enel Hydro (the Enel Groups water treatment subsidiary) and Enertad S.p.A. (an environmental services company and a member of the Tad Group) has won an international tender called by Trenitalia (a Ferrovie dello Stato Group company) to sell 51% of Hydroitalia.
Hydroitalia owns the largest waste water treatment network in Italy, with 46 plants located throughout the mainland and Sicily.
Enel Hydro and Enertad will pay 30m for the 51% of Hydroitalias shares.
Trenitalia, which will continue to hold a 49% stake in the company, has reserved the right to sell the remaining shares between 2007 and 2009 for a sum of no less than 35m.
In addition to treating the waste water produced by the railway workshops operated by the shareholder, Trenitalia, Hydroitalias business will be based on providing integrated water treatment services to external customers.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022.
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.