SALE COMPLETED OF A 50.01% STAKE IN ENDESA HELLAS TO MYTILINEOS FOR 140 MILLION EUROS

Published on viernes, 2 julio 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).

Price Sensitive | julio, 02 2010

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