Acquisition [Yahoo! Finance]
ENEL SPA UNSP/ADR (ENLAY)
NASDAQ:AMEX Investor Relations:
enel.com/investors
Company Research
Source: Yahoo! Finance
In accordance with the provisions of Article 226 of the Spanish Securities Market Act, Endesa, S.A. hereby issues notice of the following Insider Information: Endesa, S.A. hereby states that its wholly-owned subsidiary, Endesa Generación, S.A., has signed an agreement with Corporación Acciona Energías Renovables, S.A., a company belonging to the Acciona Group, for the purchase of the entire share capital of Corporación Acciona Hidráulica S.L. The agreement provides a purchase price of 1,000 million euros, subject to the customary adjustments typically agreed in this type of transactions, in exchange for all (100%) of the shares, free of debt. Corporación Acciona Hidráulica owns a portfolio of 34 hydro power plants located in northeastern Spain with a total installed capacity of 626 MW, most of which are modulable and which generated approximately 1.3 TWh in 2023. The agreement will enable Endesa to further strengthen its position in the renewable energy sector by increasing its
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