Rome, November 28, 2003 Enel Distribuzione and ASM Brescia have signed a memorandum of understanding for the transfer of Enels local power distribution concession to ASM Brescia for 166.5 million euro. The concession includes 30 large clients in the city of Brescia and extends to 45 adjoining municipalities.
Enels decision to include the adjoining municipalities not called for by the Bersani law - was voluntary and based on the attractive terms of the offer.
Under the agreement, Enel will transfer about 96,200 customers (including 30 located in Brescia) with a total consumption of 2.8 billion Kwh per year. The assets being sold include 3,343 km of network. The consideration of 166.5 million euro (1,730 euro per customer) will determine a capital gain for Enel of about 130 million euro.
The operation should be concluded by December 31, 2003, following Industry Ministry approval, antitrust clearance and its communication to unions.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022.
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.