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| Acciona and Enel roll out plan for Endesa  Italy's largest power company Enel and Spanish infrastructure giant Acciona have signed an agreement with Germany's E.On, one of the world's largest energy service providers, with regard to the future of Spanish energy group Endesa. E.On will acquire Enel Viesgo and certain other Endesa assets: in Italy, France, Poland and Turkey and thermal power plants in Spain with a capacity of 1.475 MW (2.4% of total installed capacity in Spain) plus a 10 year supply contract over 450 MW of nuclear capacity.E.On will not waive the 50.01% acceptance condition on its offer thus permitting Acciona and Enel immediately to launch its tender offer at a minimum price of 41 euros per Endesa share plus interest accrued from launch, and adjusted for dividends. write your comments about the article :: © 2007 Construction News :: home page |