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ENIC Enel Chile SA

2.94
0.00 (0.00%)
Pre Market
Last Updated: 09:00:00
Delayed by 15 minutes
Name Symbol Market Type
Enel Chile SA NYSE:ENIC NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 2.94 1 09:00:00

Enel to Sell Photovoltaic Generation Portfolio in Chile to Sonnedix

13/07/2023 7:02am

Dow Jones News


Enel Chile (NYSE:ENIC)
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From Dec 2022 to Dec 2024

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   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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