Enel completes Romania assets sale with positive impact on debt

: Italy’s Enel said on Wednesday it had finalised the sale of all the equity stakes held in Romania to Greece’s Public Power Corporation (PPC), which paid a total consideration of 1.24 billion euros. The overall transaction, excluding a potential earn-out, generated a positive effect on the group’s net debt of around 2.1 billion euros in 2023, which adds to the positive effect of about 85 million euros already generated last year.