PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Enel Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Enel Finalized the Sale of its Stake in Maritza - Enel Investment Holding BV, executing the agreement reached in March 2011 with ContourGlobal LP, closed the transaction for the sale to the same ContourGlobal of the entire share capital of the companies Maritza East III Power Holding BV
Enel Finalized the Sale of its Stake in Maritza

 

NewswireToday - /newswire/ - Rome, Italy, 2011/06/28 - Enel Investment Holding BV, executing the agreement reached in March 2011 with ContourGlobal LP, closed the transaction for the sale to the same ContourGlobal of the entire share capital of the companies Maritza East III Power Holding BV. IT0003128367

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Enel S.p.A. (“Enel”) announces that Dutch subsidiary Enel Investment Holding BV (EIH), executing the agreement reached in March 2011 with ContourGlobal LP (“ContourGlobal”), closed today the transaction for the sale to the same ContourGlobal of the entire share capital of the Netherlands–registered companies Maritza East III Power Holding BV and Enel Maritza O&M Holding Netherland BV. These companies own respectively 73% of the share capital of the Bulgarian company Maritza East 3 AD, owner of a lignite-fuelled power plant with an installed capacity of 908 MW (“Maritza”), and 73% of the share capital of the Bulgarian company Enel Operations Bulgaria AD, which is responsible for the operation and maintenance of the Maritza plant.

Located in the south-east of Bulgaria, Maritza accounts for approximately 10% of the country's total installed capacity. In 2010 it posted revenues of approximately 231 million euros and EBIT of approximately 69 million euros.

Enel (enel.com) disposed the two companies to ContourGlobal for an equity consideration of 230 million euros. The enterprise value at closing for 100% of the share capital of the companies sold is 545 million euros, corresponding to a value of 0.60 million euros per MW.

The transaction has been closed upon completion of the necessary authorizations from the relevant authorities. The sale of Maritza is part of the disposal plan announced by Enel to the markets and will decrease Enel Group's total financial debt by about 460 million euros.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Enel Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Enel Finalized the Sale of its Stake in Maritza

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Profile / Press Room |
Publisher Contact: Enel Group - Enel.com 
+39.06.8305.1 ufficiostampa[.]enel.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Enel Group securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Enel Group / Company Profile


Read Energy Most Recent Related Newswires:

Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA
GE’s Hornet Voltage Regulators Set to Swarm the Industrial Power Sector
Voith to Modernize Welsh Pumped Storage Plant Ffestiniog
GE Digital Production Manager MES Software Optimizes Paperless Manufacturing for Heavy Industrial Companies
Frost & Sullivan North America Summit to Provide Framework for Driving Oil & Gas into the Digital Age
aps Brings Battery Storage to Rural Arizona
High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals Finds Frost & Sullivan
Enel Group Completes Acquisition of Leading US-based Provider of Smart Energy Management Services EnerNOC
GE Signs 12-Year Agreement to Boost Help Reliability and Profitability at Daya Bay Nuclear Power Base in China
ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq
New AREVA Signs A MOX Fuel Fabrication Contract with Japan
New AREVA’s EOS Dry Storage System Approved for Highest Heat-load Used Nuclear Fuel
ENGIE Leader of the 4th French Energy Regulatory Commission Solar Bidding with Nearly 100 MW Projects Awarded
Clarke Energy Chosen by APA to Supply GE’s Gas Engine Technology to Gruyere Gold Australian Mining Project
Invenergy and GE Renewable Energy Announce America’s Largest Wind Farm

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)