Endesa Plans LatAm Streamline

Jul 27, 2012

Spain’s Endesa plans to consolidate its LatAm holdings into its Enersis subsidiary, in a transaction structured as an $8.02bn equity capital increase, it says. In an attempt to simplify the structure of the Spanish energy company’s generation, transmission and distribution holdings in the region,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management