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Examples
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Enel is seeking up to € 3 billion ($4. 2billion) from the initial public offering, central to its plans to reduce debt by almost € 7 billion this year.
Cold Winds Blow For Enel Green Power IPO Matthew Curtin 2010
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Rome-based Enel is selling a stake of up to 32.5% of Enel Green Power for as much as € 3.41 billion ($4.69 billion) as part of its drive to slash its net debt by the end of the year.
Enel Green Power IPO Price Cut Margot Patrick 2010
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Enel is expected to offer about 30% of the company as part of a broader selloff of assets to cut debt.
Enel Green Power Prepares Margot Patrick 2010
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Rome-based Enel is selling a stake of up to 32.5% of Enel Green Power for as much as € 3.41 billion ($4.69 billion) as part of its drive to slash its net debt by the end of the year.
Business Watch 2010
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Enel Selling a stake in Enel Green Power is 'not a debt solution for Enel, but a strategic one,' says Luigi Ferraris, the chairman of Enel Green Power.
Italy Stacy Meichtry 2010
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Enel is Europe's most indebted utility after going on an international shopping spree, which included netting Spain's Endesa SA.
Enel Green Power Prepares Margot Patrick 2010
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The Rome-based utility is selling a stake of up to 32.5% in Enel Green Power, which has a diversified portfolio of renewable-energy production assets and a robust growth plan in the wind-power sector.
Business Watch 2010
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Enel has parked its wind, solar power, geothermal and hydroelectricity operations in a new company called Enel Green Power with a capacity to generate about 4,300 megawatts.
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Enel, which is targeting pan-European expansion, has stressed in the past it is keen to acquire Suez and was considering launching a takeover bid.
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Earlier today, both Suez and Gaz de France broke off informal talks with Enel, which is seeking pan-European expansion.
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