Enel paid 401 million euros to the Romanian state – Romania, 10 April 2017

Italian company Enel announced the completion of the transaction through which the Romanian state has received 401 million euros for the 13.5 % stake in distribution company Electrica Muntenia Sud.
This payment follows the ruling by the International Arbitration Court in Paris in February, according to which, Enel had to pay the amount of 401 million euros to the Romanian state for the 13.5 % stake in Electrica Muntenia Sud. The initial request by the state exceeded 521 million euros.

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