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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Enel Spa | BIT:ENEL | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.062 | 0.96% | 6.508 | 6.45 | 6.51 | 6.503 | 6.426 | 6.466 | 21,769,228 | 17:00:00 |
From May 2023 to May 2024
By Giulia Petroni
Enel and its listed Chilean subsidiary have signed an agreement to sell a photovoltaic generation portfolio in Chile to renewable-energy producer Sonnedix.
The Rome-based utility company said late on Wednesday that Arcadia Generacion Solar owns a portfolio of four operating PV plants with a total installed capacity of around 416 megawatts in Northern Chile.
Sonnedix is set to pay a total consideration of $550 million for the assets.
The transaction is expected to generate a positive impact on Enel net debt of around 504 million euros ($560.9 million) and of around EUR20 million on its net income in 2023.
Closing of the deal is subject to authorities approvals.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 13, 2023 01:47 ET (05:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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