Enel S.p.A. provides for the dissemination to the public of regulated information by using SDIR NIS, managed by BIt Market Services, a London Stock Exchange Group's company, with registered office at Milan, Piazza degli Affari, 6. For the storage of regulated information made available to the public, Enel S.p.A. has adhered, as from July 1st, 2015 to the authorized mechanism denominated “NIS-Storage”, available at the address www.emarketstorage.com, managed by the above mentioned BIt Market Services S.p.A. and authorized by CONSOB with the resolution No. 19067 of November 19th, 2014. 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
ENEL: INTERPOWER SHARES TRANSFERRED TO NEWCO HELD BY ENERGIA ITALIANA-ELECTRABEL-ACEA
Published on Wednesday, 29 January 2003
Rome, January 29, 2003 Enel has completed the procedures related to the transfer of Interpower shares to a Newco, held by Energia Italiana-Electrabel-Acea. Interpower, fully handed over on November 12, 2002, is the third and last Genco to be sold off in accordance with the law for the electricity market liberalisation. The European Commission approved the operation on December 23, 2002.
The amount collected for the sale of Interpower totalled 535 million euro, in addition to repayment of inter-company debt equal to 318 million euro, making the total value of the transaction equal to 853 million euro. The sale of the three Gencos for a total of 15.057 MW has brought Enel a revenue of approximately 8.3 billion euro.
The sale of Interpower represents an important step in the liberalisation process of the electricity market: 90 days from today, the threshold of annual electricity consumption at which customers can choose their own supplier will drop from the current 9 million kWh to 100,000 kWh.
The slimming process imposed on Enel by law has now been concluded said Chief Executive Officer of the company Paolo Scaroni, and the conditions are right for another significant expansion of the liberalised electricity market in Italy. Enel is ready to take up the challenge of the market, concentrating its resources on energy and working towards bringing its production costs well below those of the new entrants.