Enel on verge of becoming renewable super with merger plans for Endsea assets
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IRJ Mar 8 - Enel, the Italian energy heavyweight, is ready and waiting to up its renewable arm in a deal which could result in the merger of its Spanish assets, the 92 per cent ownership is has in Endesa SA, with its existing Enel Green Power Unit (EGP).
Endesa SA currently produces 2.7 GW of renewable and has a 50 per cent stake in another separate company Enufer, which it acts as joint venture partner in with The Gas Natural Group, of Spain.
Endesa SA currently produces 2.7 GW of renewable and has a 50 per cent stake in another separate company Enufer, which it acts as joint venture partner in with The Gas Natural Group, of Spain.
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