Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Companies / Italy

Enel Sells 80% Of Enel Rete Gas To Reduce Debt Burden

June 2009 | Contract News

Italy's largest power company Enel has announced that on May 29 it sold a majority stake in its gas distribution network Enel Rete Gas. Under the deal, infrastructure investment fund F2i and Axa Private Equity will pay EUR480mn for an 80% stake in Enel Rete Gas.

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