Enel Russia and Kuzbassenergo signed Reftinskaya GRES sale-purchase agreement

Rome, June 20th, 2019 – Enel S.p.A. (”Enel”), following its June 6th press release, informs that, today, its Russian subsidiary Enel Russia PJSC (“Enel Russia”), as the seller, and JSC “Kuzbassenergo”, owned by Siberian Generating Company (SGC), as the purchaser, signed the sale-purchase agreement for the disposal of Reftinskaya GRES coal-fired power plant, whose consideration includes an amount and related adjustments as disclosed in the abovementioned press release.

The sale and purchase agreement shall enter into effect once Russia’s Federal Antimonopoly Service approves the transaction, and the terms and conditions of the transaction are approved by Enel Russia’s Extraordinary Shareholders Meeting to be held on July 22nd, 2019.  

The expected timeline for the transfer of Reftinskaya GRES ownership to JSC “Kuzbassenergo” is within 18 months from the entry into effect of the sale-purchase agreement.

Enel Russia-Reftinskaya ENG

PDF (0.07MB) Download

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.