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Sosteneo is to acquire 49% of the share capital of Enel Libra Flexsys, a company fully-owned by Enel Italia. Enel, acting through its subsidiary Enel Italia, signed an agreement with Sosteneo Fund 1 HoldCo, for the purchase. Sosteneo will acquire 49% of the shares for approximately € 1.1 billion ($1.08 billion) upon closing. Enel will retain control of Enel Libra Flexsys. The acquisition is expected to generate upon closing a positive impact of about € 1.1 billion on the Enel Group’s consolidated net debt, while it is set to bear no impact on the group’s economic results. Sosteneo is an invest…

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