Rome, November 27th, 2012 Enel Green Power SpA (EGP) has signed an agreement with the European Investment Bank (EIB), under which EIB commits to issue a loan for an overall 160 million euros. The loan is aimed at contributing to funding the development programme of EGP activities in Italy through 2014.
The 20-year loan will be disbursed by the end of 2012 and will be secured by one or more guarantees issued to EIB by leading financial groups.
The overall loan terms are competitive compared with the market benchmark.
This operation, together with the 440 million euro-loan agreement signed in 2010, underscores EIB confidence in EGPs investments in Italy.
The investments financed by EIB are aimed at strengthening power generation from renewables by Enel Green Power in Italy through a variety of green technologies, ranging from photovoltaics to wind, from geothermal to hydro.
Enel Green Powers development strategy relies on funding projects through cash flow generation, in combination with external funding only when the latter is long-term and competitively-priced as well as coming from reliable partners.
All Enel Green Power press releases are also available in versions for smart phones and tablets.
You can download the Enel Mobile app at : Apple Store, Google Play and BlackBerryApp World
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 Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”).
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.