Il Sole 24 Ore: Enel SpA could leave the Romanian market

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Enel SpA, the largest utilities company in Europe, is considering the possible sale of its assets in Romania, ‘Il Sole 23 Ore’ informs.

Among those interested in the Enel assets in Romania are the Australian fund Macquarie, GIC – the Singapore sovereign investment fund and an investment fund from Kuwait specialized in infrastructure, Wren House, the source reads.

The Enel representatives did not comment in the information, jurnalul.antena3.ro reports.

Enel, under state control, has a majority share in the Spanish utility company Endesa and invests in green energy and networks in order to compensate the crisis in the field of conventional energy.

In Romania, Enel owns 78% of E-Distributie Muntenia and Enel Energie Muntenia, 51% of E-Ditributie Banat, E-Ditributie Dobrogea and Enel Energie and 100% of the Enel Romania shares. The companies manage 128,000 km of network, supplying about 15 TWh per year (34% market share) and sell on yearly basis about 10TWh to approx. 3 million customers.

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