ELEQ: International Endesa: Endesa S.A. Significant Event - Endesa Ireland
UK Regulatory Announcement
Further to the significant event published on 15 June 2012, and following
receipt of the relevant administrative permits and approval from the
competition authority, Endesa S.A. (“Endesa”) hereby announces that today it
has sold 100% of the share capital of Endesa Ireland Ltd to Scottish and
Southern Energy plc (“SSE”).
The price agreed is Euro 286 million, including the valuation of the CO[2
]emission rights and the company’s fuel reserves. This price is equivalent to
an enterprise value of approximately Euro 361 million, including the
company’s net financial position as of the closing date.
9 October 2012
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