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Stock impact report

Enel Sells Argentina Plants to Central Puerto for $102 Million [BNN Bloomberg (Canada)]

Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) (CEPU) 
Last central puerto s.a. american depositary shares (each represents ten common shares) earnings: 11/11 08:32 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Enel Argentina, owned by Santiago-based Enel Americas, sold nearly 76% of its stake in thermal power generator Enel Generacion Costanera to a unit of Central Puerto for $48 million, according to a filing. The same Central Puerto Unit, Proener, said it reached an agreement to pay $54 million to Enel Americas and Enel Argentina for stakes in Inversora Dock Sud and Central Dock Sud. The move is the latest step in Enel's broader plans to sell assets around the world to reduce its debt load after an acquisition spree to boost renewable energy production. The company said in November it was looking to sell its Argentina, Peru and Romania assets. Read More: Enel to Sell Assets Worth €21 Billion in Bid to Reduce Debt “These are operations that are in line with our decarbonization strategy, with the goal of reaching zero emissions by 2040,” Maurizio Bezzeccheri, general manager of Enel Americas, said in a statement. Enel's CEO added last year that it expects the sale of its Peru asset Show less Read more
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