Brief: Elecnor Signs Agreement To Sell 100% Of Unit Enerfin To Statkraft

Elecnor

20/11/2023 06:15

Nov 20 (Reuters) - Elecnor SA  ENOR.MC :
    * SAID ON FRIDAY SIGNED AGREEMENT TO SELL 100% OF ITS UNIT
ENERFIN
SOCIEDAD DE ENERGIA TO STATKRAFT EUROPEAN WIND AND SOLAR HOLDING
    * ENTERPRISE VALUE OF ENERFIN RECOGNISED IN THE TRANSACTION
IS 1.8
BILLION EUROS AT DATE OF SIGNING OF SHARE PURCHASE AGREEMENT
    * A GENERAL SHAREHOLDERS' MEETING OF ELECNOR WILL BE CALLED
FOR
THE APPROVAL OF THE TRANSACTION BY ITS SHAREHOLDERS
    * MEDIOBANCA AND LAZARD HAVE ACTED AS FINANCIAL ADVISORS TO
ELECNOR AND HERBERT SMITH FREEHILLS HAS ADVISED ON THE LEGAL
ASPECTS OF THE TRANSACTION

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM7q55SF
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