28 de julio de 2014 / 11:30 / en 3 años

Endesa says owner Enel reviewing investment in the company

MADRID, July 28 (Reuters) - Spanish utility Endesa <ELE.MC said on Monday its Italian owner Enel, with a 92 percent stake, is reviewing its investment in the company.

Earlier, website El Confidencial said Enel is considering listing more Endesa shares on the Spanish stock exchange, while taking control of its units in Latin America, currently grouped under Chile-based Enersis.

“Enel has said that it is constantly evaluating different scenarios to streamline the organization of its industrial group and get the best value from its investments,” Endesa said in a regulatory filing, commenting on the report.

It said Enel had not yet taken any decision on the matter.

In July, Enel Chief Executive Francesco Starace said Italy’s biggest utility had no plans to withdraw or delist Endesa, with a market value of about 31 billion euros ($42 billion), from the Spanish stock exchange. ($1 = 0.7442 Euros) (Reporting by Tracy Rucinski; Editing by David Holmes)

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