Risk.net

E-On reaches asset agreement with Enel/Acciona over Endesa bid

If Enel and Acciona gain control of Endesa, E.On will receive an extensive portfolio of equity holdings including operations in Spain, Italy and France as well as additional activities in Poland and Turkey. The total value of theses assets is around €10 billion.

In Spain, E.On will acquire the power utility Viesgo from Enel. Viesgo currently has an installed generation capacity of some 2,400 megawatts (Mw), which will have increased by about 50 percent by 2010, as a result of ongoing constru