Italy’s Enel Pays EUR820M For Romanian Pwr Supplier Electrica Muntenia Sud
16:18, 17 Apr. 2008
Italian utility Enel SpA (EN) paid Thursday around EUR820 million for a majority stake in Romania’s regional power distributor Electrica Muntenia Sud, in a much-delayed privatization, Matteo Codazzi, Enel Romania’s president, said in a statement.