Enel closes deal to sell stake in Russian subsidiary
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The Italian energy group Enel, which previously owned up to 56.43% of its Russian subsidiary Enel Russia, has closed a deal to sell its stake to Lukoil and the Gazprombank-Freesia fund. As transmits Reutersthe final amount of the transaction was $ 133 million.
“The deal is expected to have a positive impact on Enel’s net debt of around €610m and negatively impact its net income of around €1.3bn,” the company said in a statement.
September 30 Russian President Vladimir Putin allowed LUKOIL and Gazprombank-Freesia to buy a stake in Enel. As part of the transaction, Russian organizations bought back 9,525,652,231 ordinary shares of Enel Russia.
Read more about the deal – in the publication “Kommersant” “And you, Enel, I will ask you to stay”.
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