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Sale of the UK power distribution networks approved by EDF

The sale of the UK electricity distribution networks of EDF group to the Cheung Kong group was approved by EDF’s Board of Directors on September 8th, following its final offer of 29 July, worth 3.2 billion sterling pounds in equity, meaning 6.8 billion Euros in net debt reduction for EDF.

read more... 09/09/2010

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Spanish financial crisis may bring down the bidding price for Endesa

Italian Enel, the holder of 92% shares in the Spanish gas distribution grid Endesa, declared that 4 major infrastructure funds are interested in the acquisition of the Spanish company.

read more... 05/07/2010

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Endesa initiates sale of Spanish gas network

Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).

read more... 22/04/2010

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