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Enel to Sell Stakes in SE Hydropower and SF Energy to Società Elettrica Altoatesina - Deal Analysis from GloabalData
Societa Elettrica Altoatesina (SEL), a power generation and distribution company, has agreed to acquire a 50% stake in SF Energy (SFE) and a 40% stake in SE Hydropower (SEH), both hydropower generation companies, from Enel Produzione, a subsidiary of Enel, for a combined purchase consideration of €400m ($498m). The sale will help Enel to reduce its consolidated net financial debt, while SEL will benefit from an increase in hydropower capacity.
- Key drivers of the deal for Enel and Società Elettrica Altoatesina
- Company overview of the companies involved
Reasons to buy
- The report gives insights into the rationale behind the deal
- The report helps understand the benefits of the deal to Enel and Società Elettrica Altoatesina
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