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Home » Finance » Enel Completes EUR 1.1 Billion Stake Sale in Enel Libra Flexsys to Sosteneo
Finance

Enel Completes EUR 1.1 Billion Stake Sale in Enel Libra Flexsys to Sosteneo

By Oliver HughesJune 28, 20241 Min Read
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Enel SpA, the Italian utility group, has successfully concluded the sale of a 49% stake in its regulated capacity services subsidiary, Enel Libra Flexsys Srl, to asset manager Sosteneo SGR SpA for EUR 1.1 billion (USD 1.18bn). Enel Libra Flexsys specializes in developing and operating battery energy storage systems (BESS) totaling 1.7 GW capacity, alongside

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