Enel SpA informd that the agreements related to the sale of its entire stake in the share capital of Enel Russia have been signed. Specifically, Enel has signed two separate agreements with Lukoil and Gazprombank Frezia for the sale of the entire stake held in Enel Russia, equal to 56.43% of the latter’s share capital, for an overall consideration of about 137 million euros that will be paid at closing. Following completion of the transaction, Enel will dispose of all its Russian power generation assets, which include approximately 5.6 GW of conventional capacity and around 300 MW of wind capacity at different stages of development, ensuring continuity for its employees and clients.The transaction is in line with the strategic aim of the Group to focus its activities mainly in countries where an integrated position along the value chain can drive growth and enhance value creation from the opportunities offered by the energy transition.
Enel SpA informd that the agreements related to the sale of its entire stake in the share capital of Enel Russia have been signed. Specifically, Enel has signed two separate agreements with Lukoil and Gazprombank Frezia for the sale of the entire stake held in Enel Russia, equal to 56.43% of the latter’s share capital, for an overall consideration of about 137 million euros that will be paid at closing. Following completion of the transaction, Enel will dispose of all its Russian power generation assets, which include approximately 5.6 GW of conventional capacity and around 300 MW of wind capacity at different stages of development, ensuring continuity for its employees and clients.The transaction is in line with the strategic aim of the Group to focus its activities mainly in countries where an integrated position along the value chain can drive growth and enhance value creation from the opportunities offered by the energy transition.
