Enel has completed the sale to Rosneft of 40% in Arctic Russia BV, which has a 49% stake in the charter capital of Severenergia, the Italian company said in a statement.
“Today Enel... has finalised the sale of its 40% stake in Arctic Russia, which in turn owns 49% of the share capital of Severenergia... to Itera, a wholly owned subsidiary of the Russian oil and gas company Rosneft,” Enel said. “The transaction… enables the Enel Group to reduce its consolidated net financial debt for an...
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