PPC to acquire Enel's Romanian operations for EUR 1.26B

Public Power Corporation S.A. (PPC) signed a binding agreement to acquire all of Enel's equity interests in Romania for a total consideration of approximately EUR 1,260 million. The acquisition includes a renewables portfolio, electricity distribution and supply businesses, and is expected to close by Q3 2023.

“This acquisition is fully consistent with what we have presented in our November 2021 strategic plan, which assumed international expansion in the Southeastern Europe area”ppcgroup.com

• 1 source
• ppcgroup.comPPC Signs Agreement to Acquire Enel’s Romanian OperationsMar 9, 2023

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