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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Enel in talks with sovereign funds on EGP stake sale

Posted on 12 August 2010

From Dow Jones: Italian power utility Enel SpA is in talks with sovereign funds, among other investors, as it prepares to sell a minority stake in its renewable energy subsidiary, Enel Green Power, according to a person familiar with the matter.
Enel plans to sell about 30% of its renewables unit in late October but has yet to decide whether to do so by means of a market listing or a private placement……………………………………….Full Article: Source

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