| Add RSS Feed

9 June 2008 - Italian utility major Enel and the Romanian state-owned company Electrica have finalized the privatization process of Electrica Muntenia Sud, signing the final documents for the sale of a controlling stake of 64.4 per cent in EMS to Enel.

The completion of Electrica Muntenia Sud's (EMS) privatization process was reached after fulfilment of all conditions and activities envisaged by the privatisation agreement signed in June 2007, between Enel and Electrica.

The total value of the transaction amounts to about €820m. In April 2008, Enel acquired directly from Electrica 50 per cent of EMS's share capital for a consideration of €395m euros, and subscribed a capital increase of €425m.

| Add RSS Feed

---

More Industry News Articles >

Search Archives >

Power Engineering Article Categories:

Business		Projects/Contracts
Industry News		Deregulation
Environmental		Русский язык
Power Generation Young Professionals		Honeywell Automation & Control Solutions
Power Engineering International Current Issue Table of Contents
Power Engineering Current Issue Table of Contents
Potencia Current Issue Table of Contents
Nuclear Power International Current Issue Table of Contents
Middle East Energy Current Issue Table of Contents

---

Search Products Buyer's Guide >

Search Industry Jobs >

Magazine & E-Newsletter Subscriptions >