Enel sells corporations in Peru for 1.3 billion {dollars} | EUROtoday

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Enel broadcasts that Enel Perú – managed by Enel by way of the Chilean listed firm Enel Americas – has accomplished the sale of its total shareholdings within the electrical energy technology corporations Enel Generacion Perú and Compania Energética Veracruz to Niagara Energy.

The operation – specifies the Enel word – generated a discount within the Group's consolidated web debt of roughly 1.3 billion {dollars} (equal to 1.2 billion euros) in 2024, which provides as much as roughly 400 million euros acknowledged in 2023, primarily because of the reclassification as “held for sale” of the property and liabilities referring to technology property in Peru. Similarly, the operation generated a constructive affect on the Group's reported web revenue in 2024 of roughly 7 million euros, whereas it has no affect on the Group's extraordinary financial outcomes.

In explicit, Enel Perú bought the shares held within the share capital of Enel Generacion Perú (equal to roughly 86.95%) to Niagara Energy SAC, a Peruvian firm managed by the worldwide funding fund Actis, as a part of a complete takeover bid launched by Niagara Energy and within the share capital of Compania Energetica Veracruz (equal to one hundred pc).

The sale, foreseen within the 2024-2026 Strategic Plan – remembers the corporate – is in step with the target of guaranteeing the Group a stable and sustainable monetary construction and of accelerating the share of capital invested within the geographical areas the place the Group has targeted its Strategic Plan.