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Electrica Muntenia Sud belongs to Enel

The privatisation contract of Electrica Muntenia Sud will be signed on Thursday with the representatives of the Italian company Enel, at the government headquarters, a press release of AVAS informs. Last summer, the Italian group was named as winner in the privatisation process of the largest branch of Electrica. Enel offered 820 million euros to take over a package of 67.5% of the shares. Enel will buy directly from Electrica 50%of the shares, to get the rest up to 67.5% of the company ...

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Energy & Environment

Thursday, June 7, 2007