ENEL

France's TotalEnergies is exploring a sale of a 50% stake of a portfolio of renewable projects in Europe and the US, including Greece,according to two people familiar with the matter.

The French energy group is sounding out advisers for a sale of a stake in wind and solar power assets across the US, Spain, Portugal, France and Greece, the sources said.

Italy's Enel group announced on Friday that, through its wholly owned subsidiary Enel Green Power (EGP), it has completed the sale of 50% of Enel Green Power Hellas (EGPH), wholly owned by EGP, to Macquarie Asset Management, through Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2), after the fulfillment of all conditions customary for this type of transaction, including approva

The conclusion of PPC's acquisition of Italian company Enel's activities in Romania is days away, with next Tuesday being the most likely date.

After four months of negotiations that began in November 2022, PPC agreed to pay €1.26 billion for Enel's businesses.

The acquisition will be partly financed by two loans.

Italy's Enel is expected to finalize a deal by May for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday.

Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development.

Italy's Enel is expected to finalize by May a deal for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday.

Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development.

Public Power Corporation (PPC) on Thursday announced it has reached a deal to increase its equity stake in electricity power distribution and supply companies in Romania, following an agreement reached on March 9 to acquire all of Enel's activities in the country. 

For Public Power Corporation, the deal reached with Enel that was announced on Thursday regarding the acquisition of the Italian energy company's activities in Romania is particularly important.

Public Power Corporation (PPC) customers will know on Friday whether the financially troubled utility will charge them more to make up for what its new chief executive has described as a "dramatic" cash shortfall.

Italy's Deputy Prime Minister Matteo Salvini said on Monday he hopes credit agencies show no prejudice toward Italy when they review their ratings of the country's debt, and again ruled out an exit from the euro.

Moody's, which has a negative outlook on Italy's Baa2 rating, has been waiting for Rome to announce its fiscal plans and said it would pass judgment by the end of October.

Cenergy Holdings SA announced on Wednesday that Fulgor, a subsidiary of Hellenic Cables, was awarded a turnkey contract to provide Enel Green Power Hellas with submarine cable interconnection to the Greek national grid for the Kafireas onshore wind complex, located at Karystos, southern Evia.