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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Enel has green light for Europe’s biggest 2010 IPO

Posted on 14 October 2010

From Reuters: Enel is actively seeking foreign long-term investors for Enel Green Power, and a source close to the deal said on Wednesday it is in touch with Middle Eastern and Asian sovereign wealth funds, hoping they will take stakes of 2 to 3 percent each.
A second source close to the operation had told Reuters in August that the company was sounding out sovereign wealth funds. Before then, Enel CEO Fulvio Conti had excluded talks with sovereign funds……………………………………….Full Article: Source

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