September 28, 2008
Spain’s Endesa has filed a required tender offer for the 24% it does not al
Spain’s Endesa has filed a required tender offer for the 24% it does not already own in three listed Peruvian units, for up to $465m. The tender is being done to comply with Peruvian regulations after Spanish infrastructure and energy company Acciona and Italian utility Enel took over Endesa last year. The units include generators Edegel and Empresa Electrica de Piura – which have a combined capacity of more than 1,600MW – and distributor Edelnor.