13 Jul - Plantaze a.d. Podgorica

Annual / Quarterly Financial Statement • Mar 26, 2012

ACTION BY UNANIMOUS WRITTEN CONSENT

OF THE

BOARD OF DIRECTORS

OF ENDESA CAPITAL FINANCE LLC

The undersigned, being all the directors of Endesa Capital Finance, LLC a Delaware Limited Liability Company ( the" Company"), hereby adopt the following as a resolution of the board of directors of the Company:

RESOLVED, the audited financial statements for the year ended December 31, 2011 and December 31, 2010 and the Independent Auditor's Report prepared by Ernst & Young LLP and dated February 29, 2012 are hereby approved and accepted.

IN WITNESS WHERE OF, the undersigned have executed this Unanimous Written Consent as of the 23rd day of March 2012.

Francisco Ramírez Millor Gregory F.Lavelle

F INANCIAL S TATEMENTS

Endesa Capital Finance, L.L.C. (An Indirect Wholly Owned Subsidiary of Endesa, S.A.) Years Ended December 31, 2011 and 2010 With Report of Independent Auditors

Ernst & Young LLP

Report of Independent Auditors1
Balance Sheets 2
Statements of Income 3
Statements of Securityholders' Equity4
Statements of Cash Flows 5
Notes to Financial Statements 6

Ernst & Young LLP 200 Clarendon Street Boston, MA 02116 Tel: +1 617 266 2000 Fax: +1 617 266 5843 www.ey.com

Report of Independent Auditors

The Board of Directors and Securityholders Endesa Capital Finance, L.L.C.

We have audited the accompanying balance sheet of Endesa Capital Finance, L.L.C. (an indirect wholly owned subsidiary of Endesa, S.A.) as of December 31, 2011, and the related statement of income, securityholders' equity, and cash flows for the year then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the financial statements based on our audit. The financial statements of Endesa Capital Finance, L.L.C for the year ended December 31, 2010, were audited by other auditors whose report dated February 4, 2011, expressed an unqualified opinion on those statements.

We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Company's internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Endesa Capital Finance, L.L.C.as of December 31, 2011, and the results of its operations and its cash flows for the year then ended, in conformity with U.S. generally accepted accounting principles.

February 29, 2012

Balance Sheets

		December 31
		2011	2010
		(In Euros)
Assets
Current assets:
Cash	€	423 €	2,802
Accrued interest receivable		49,284	541,353
Short-term loan receivable to International Endesa B.V.		12,131,632	12,793,918
Total current assets		12,181,339	13,338,073
Loan to International Endesa B.V., net of unearned loan fees of €1,604,645 and €25,151,500 as of December 31, 2011 and
2010, respectively		179,766,580	1,474,848,500
Total assets	€		191,947,919 € 1,488,186,573
Liabilities and securityholders' equity Current liabilities:
Preferred dividends payable	€	40,305 €	500,000
Liquidity fee payable		16,667	16,659
Accounts payable		3,763	2,733
Total current liabilities		60,735	519,392
Securityholders' equity: Preferred capital securities. Authorized noncumulative 80,000,000 securities; Issued 60,000,000 securities as of December 31, 2011 and 2010; Outstanding 7,254,849 securities as of December 31, 2011 and 60,000,000 outstanding as of December 31, 2010; Authorized liquidation preference of €25 per security with an aggregate liquidation preference of €181,371,225 as of December 31, 2011 and €1.5 billion as of December 31,
2010; Net of issuance costs of €111,574,581 Common capital securities. Authorized, issued, and outstanding		69,796,644	1,388,425,419
10 securities as of December 31, 2011 and 2010		92	92
Retained earnings		122,090,448	99,241,670
Total securityholders' equity		191,887,184	1,487,667,181
Total liabilities and securityholders' equity	€		191,947,919 € 1,488,186,573

Statements of Income

		Year Ended December 31 2010
	2011 (In Euros)
Revenues:
Interest income from loan to International Endesa B.V.	€	35,655,309 €	64,500,000
Prepayment fee paid by International Endesa B.V.		11,208,345	–
Loan fee income		23,546,855	11,220,000
Other interest income		190,630	121,742
Total revenues		70,601,139	75,841,742
Operating expenses:
Liquidity fees		3,000,009	2,999,999
Repurchase related expenses		11,208,345	–
Other		376,279	74,070
Total operating expenses		14,584,633	3,074,069
Net income		56,016,506	72,767,673
Preferred dividends		33,167,729	60,000,000
Net income attributable to common securityholders	€	22,848,777 €	12,767,673

Statements of Securityholders' Equity

Years Ended December 31, 2011 and 2009

		Preferred Capital Securities		Common Capital Securities		Retained Earnings		Total
	(In Euros)
Balance – December 31, 2009	€	1,388,425,419	€	92	€	86,473,997		€ 1,474,899,508
Net income		–		–		72,767,673		72,767,673
Preferred dividends		–		–		(60,000,000)		(60,000,000)
Balance – December 31, 2010 Repurchase of Preferred Capital		1,388,425,419		92		99,241,670		1,487,667,181
Securities		(1,318,628,775)		–		–		(1,318,628,775)
Net income		–		–		56,016,506		56,016,506
Preferred dividends		–		–		(33,167,729)		(33,167,729)
Balance – December 31, 2011	€	69,796,644	€	92		€ 122,090,448	€	191,887,184

Statements of Cash Flows

	Year Ended December 31 2011 2010
	(In Euros)
Cash flows from operating activities
Net income	€	56,016,506	€	72,767,673
Adjustments to reconcile net income to net cash provided by
operating activities:
Accretion of loan fee income		(23,546,855)		(11,220,000)
Changes in operating assets and liabilities:
Decrease (increase) in accrued interest receivable		492,069		(2,668)
Decrease (increase) in liquidity fee payable		9		(1)
Increase in accounts payable		1,030		1,239
Net cash provided by operating activities		32,962,759		61,546,243
Cash flows from investing activities Net repayments on (advances in) short-term loan receivable from International Endesa B.V. Repayments on Loan from International Endesa BV Net cash provided by (used in) investing activities		662,286 1,318,628,775 1,319,291,061		(1,548,309) – (1,548,309)
Cash flows from financing activities
Payment of dividends		(33,627,424)		(60,000,000)
Repurchase of Preferred Capital Securities		(1,318,628,775)		–
Net cash used in financing activities		(1,352,256,199)		(60,000,000)
Net increase in cash		(2,379)		(2,066)
Cash – beginning of year		2,802		4,868
Cash – end of year	€	423	€	2,802
Supplemental disclosure of noncash financing activities Accrued and unpaid dividends on preferred capital securities	€	40,305	€	500,000

Notes to Financial Statements

December 31, 2011 (In Euros)

1. Organization

Endesa Capital Finance, L.L.C. (the Company) was formed under the laws of the State of Delaware on February 21, 2003. The Company is a wholly owned subsidiary of International Endesa B.V. (the Parent), which, in turn, is a wholly owned subsidiary of Endesa, S.A. (Endesa). Endesa is a Spanish corporation that is involved in the generation, transmission, marketing, and distribution of electricity in Europe and Latin America. The Company was established for the purpose of issuing preferred capital securities and common capital securities and to use substantially all of the proceeds thereof to enter into loan agreements with the Parent or other non-U.S. affiliates of Endesa.

2. Summary of Significant Accounting Policies

Basis of Presentation

These financial statements are prepared in accordance with accounting principles generally accepted in the United States of America, which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements and related notes. Actual amounts could differ from those estimates. The Company's functional currency and reporting currency is the Euro.

Revenue Recognition

Interest income is recognized as earned, based upon the principal amount outstanding on loans and the stated interest rate. Loan fees are recognized into income using a method which approximates the effective interest method over the life of the related loan.

2. Summary of Significant Accounting Policies

Fair Value of Financial Instruments

Presented below is a summary of the significant estimates relating to the fair value disclosures of financial instruments:

Cash – The recorded amounts of cash approximate fair value due to the short-term nature of these instruments.

Short-Term Loan Receivable from Parent – The recorded amount of the loan approximates fair value due to the short-term nature of the loan and the periodic repricing of the loan's interest rate.

Notes to Financial Statements (continued)

(In Euros)

2. Summary of Significant Accounting Policies (continued)

Loan to the Parent – The recorded amount of the loan approximates fair value due to the periodic repricing of the loan's interest rate.

Other Current Liabilities – The recorded amount of other current liabilities approximates fair value due to their short-term nature.

Federal and State Income Taxes

The Company is a partnership for federal and state income tax purposes. As such, the income tax effects of the results of operations of the Company pass through directly to the owners. Accordingly, the accompanying financial statements do not include any effects for income taxes.

Management evaluates the Company's tax positions taken to determine whether the tax positions are "more-likely-than-not" of being sustained by the Company upon challenge by the applicable tax authorities. For the years ended December 31, 2011 and 2010, management has concluded there are no uncertain tax positions that would require financial statement recognition or disclosure.

Fair Value Measurement

The Financial Standards Accounting Board (FASB) Accounting Standard Codification (ASC) 825, Financial Instruments, provides reporting entities an option to report selected financial assets and liabilities at fair value. The Company adopted FASB ASC 825 effective January 1, 2008, and has elected not to measure any of its current eligible financial assets or liabilities at fair value.

3. Loan to the Parent

On March 28, 2003, the Company made a loan of €1.5 billion to the Parent in exchange for a note. The note, which matures on March 28, 2013, bears interest at a rate equal to the threemonth European InterBank Offering Rate (Euribor) plus a margin 0.30%, provided, however, that the three-month effective Euribor shall in no event be less than 4.00% or more than 7.00%.

Notes to Financial Statements (continued)

(In Euros)

3. Loan to the Parent (continued)

Interest is due and payable quarterly in arrears on March 28, June 28, September 28, and December 28, commencing June 28, 2003. The effective interest rate of the loan was 4.30% as of December 31, 2011 and 2010. In connection with this loan, the Company deducted an up-front loan fee of €112,200,000 from the loan amount to be disbursed to the Parent. The Company recognized loan fee income of €23,546,855 and €11,220,000 representing the accretion of the up-front loan fee for the years ended December 31, 2011 and 2010, respectively. The loan to the Parent is presented net of unearned up-front loan fees of €1,604,645 and €25,151,500 as of December 31, 2011 and 2010, respectively.

In June 2011, the Parent repurchased €1,318,628,775 of the outstanding notes. In connection with the repurchase, the Company adjusted in amortization related to the upfront loan fees, which resulted in an additional €12,326,855 in up-front loan fee accretion. The Company also collected an additional €11,208,345 from the Parent, which has been recognized as prepayment fee income for the year ended December 31, 2011.

On March 24, 2009, the Company increased its then current short-term credit facility (the Credit Facility) with the Parent to €20 million. The Credit Facility bears interest equal to the average of the three-month and six-month Euribor plus a margin 0.10%. The effective interest rate of the credit facility was 1.29% and 1.004% at December 31, 2011 and 2010, respectively. The original March 24, 2010 maturity date has been automatically extended on annual periods until written notice is provided by either party.

At December 31, 2011 and 2010, the Company had a loan receivable of €12,131,632 and €12,793,918, respectively, from the Parent pursuant to the Credit Facility.

4. Common Capital Securities

The Company has issued 10 common capital securities to the Parent. Common capital securities are allocated 100% of the net losses of the Company (in the event such should occur) and all gains and losses resulting from the disposition of assets from the Company. The net profits of the Company are allocated to the preferred capital securities until the amount so allocated equals the amount of preferred capital securities dividends declared for the year. Any net profits in excess of the amount allocated to the preferred capital securities are allocated to the common capital securities.

Notes to Financial Statements (continued)

(In Euros)

5. Preferred Capital Securities

The Company is authorized to issue and sell 80,000,000 preferred capital securities having an aggregate initial liquidation preference of €2 billion. This amount may be amended or restated by resolution of the Board of Directors. Holders of preferred capital securities are entitled to receive, when, as, and if declared by the Board of Directors, out of the Company's net profits, cash dividends that will be paid at such rates as will be determined by the Board of Directors prior to the first issuance of these securities. Dividends on the preferred capital securities are noncumulative. Endesa is the guarantor of these securities.

On March 28, 2003, the Company completed the issuance of 60,000,000 preferred capital securities and received proceeds of €1.5 billion. Preferred capital securityholders are entitled to receive dividends at a rate equal to the three-month effective Euribor, provided, however, that the three-month effective Euribor shall in no event be less than 4.00% or more than 7.00%. Dividends are payable quarterly in arrears on March 28, June 28, September 28, and December 28 of each year. The preferred capital securities are redeemable at the Company's option subsequent to March 28, 2013, with the exception of certain tax-related events, as defined in the Amended and Restated Limited Liability Company Agreement of Endesa Capital Finance, L.L.C. (the Agreement). In the event the preferred capital securities are not redeemed on March 28, 2013, preferred capital securityholders are entitled to receive dividends at a rate equal to the three-month Euribor plus an effective annual rate of 3.75%. All costs related to this transaction were incurred by the Company and have been charged against the proceeds from issuing the securities.

Preferred capital securities possess no voting rights. However, in the event that the Company fails to pay dividends in full on the preferred capital securities (and the guarantor fails to make a corresponding payment under the guarantee) for five consecutive dividend periods, the holders of the preferred capital securities have the right to alter the composition of the Board of Directors as prescribed in the Agreement.

Preferred capital securities may not be sold or otherwise transferred to a person in the United States of America except pursuant to sales or other transfers that satisfy the requirements of Regulation S under the Securities Act of 1933 (the Securities Act) or that are otherwise exempt from the registration requirements of the Securities Act.

Notes to Financial Statements (continued)

(In Euros)

5. Preferred Capital Securities (continued)

In the event of any voluntary or involuntary liquidation of the Company, the holders of the preferred capital securities will be entitled to receive out of the assets of the Company available for distribution to securityholders an amount equal to the liquidation preference per preferred capital security, plus accrued and unpaid dividends thereon for the then-current dividend period, if any, to the date of liquidation. This distribution will occur before any distribution of assets is made to holders of common capital securities or any other class of securities ranking junior to the preferred capital securities.

The Company may not, without the prior approval of the preferred capital securityholders owning not less than 66% of the aggregate liquidation preference of all preferred capital securities then outstanding, merge or consolidate into another entity unless such successor entity assumes all of the obligations of the Company under the preferred capital securities or replaces the preferred capital securities with other securities that have at least the same participation in the profits or assets of the successor entity as the preferred capital securities have in the Company.

In June 2011, the Company repurchased €1,318,628,775 of the preferred capital securities notes. In connection with the repurchase, the Company paid €11,208,345 to third parties as redemption fee. This amount has been recognized in operating expenses for the year ended December 31, 2011.

6. Liquidity Fee

In February 2003, the Company entered into a "Contrato de Liquidez" (the Liquidity Fee Agreement) with the underwriters, an unrelated party, of its preferred capital securities offering. Pursuant to the Liquidity Fee Agreement, the Company is committed to pay an annual liquidity fee of 0.2% of the outstanding principal amount of the preferred capital securities. The Company has recorded liquidity fee expense of €3,000,009 and €2,999,999 for the years ended December 31, 2011 and 2010, respectively.

7. Related-Party Transactions (Amounts Shown in U.S. Dollars)

Pursuant to the Agreement described in Note 5, the Parent is responsible for paying substantially all expenses of the Company to the extent such expenses are not paid by the Company. The expenses covered by the Agreement include administrative and organizational costs, as well as any costs resulting from any litigation against the Company.

As discussed in Note 3, the Company's loans to the Parent are related-party transactions.

Notes to Financial Statements (continued)

(In Euros)

7. Related-Party Transactions (Amounts Shown in U.S. Dollars) (continued)

Under terms of a Vendor Agreement dated February 25, 2003, Puglisi & Associates provides accounting and related administrative functions for the Company. The related vendor fee amounts to \$28,500 per year. Under the terms of a Lease Agreement dated February 25, 2003, Puglisi & Associates also provides office space to the Company. The office lease amounts to \$1,500 per year. Gregory F. Lavelle, who is a director of the Company, also works for Puglisi & Associates. The related director fee amounts to \$6,000 per year.

8. Subsequent Events

Management of the Company has evaluated the need for adjustments and/or disclosures resulting from subsequent events through February 29, 2012, the date the financial statements were available to be issued.

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Management Report 2011

1. General Comments

Endesa Capital Finance, L.L.C. (the "Company") was formed under the laws of the State of Delaware on February 21, 2003. The Company is a wholly owned subsidiary of International Endesa B.V. (the "Parent") which, in turn, is a wholly owned subsidiary of Endesa, S.A. ("Endesa"). Endesa is a Spanish corporation that is involved in the generation, transmission, marketing, and distribution of electricity in Spain, Europe, and Latin America.

The Company was established for the purpose of issuing preferred capital securities and common capital securities and to use substantially all of the proceeds thereof to enter into loan agreements with the Parent or other non-U.S. affiliates of Endesa.

Loan to the Parent: On March 28, 2003, the Company made a loan of €1.5 billion to the Parent in exchange for a note. The note, which matures on March 28, 2013, bears interest at a rate equal to the three-month European InterBank Offering Rate ("Euribor") rate plus a margin (0.30%), provided, however, that the three-month Euribor effective rate shall in no event be less than 4.00% or more than 7.00%. Interest shall be due and payable quarterly in arrears on March 28, June 28, September 28, and December 28 commencing June 28, 2003. In connection with this loan, the Company deducted an up-front loan fee of €112,200,000 from the loan amount to be disbursed to the Parent. The Company recognized loan fee income of €23,546,855 and €11,220,000 representing the accretion of the up-front loan fee for the years ended December 31, 2011 and 2010, respectively.The loan to the parent is presented net of unearned up-front loan fees of €1,604,645 and €25,151,500 as of December 31, 2011 and 2010, respectively.

In June 2011, the Parent repurchased €1,318,628,775 of the outstanding notes. In connection with the repurchase, the Company adjusted in amortization related to the upfront loan fees, which resulted in an additional €12,326,855 in up-front loan fee accretion. The Company also collected an additional €11,208,345 from the Parent, which has been recognized as prepayment fee income for the year ended December 31 ,2011.

Also on March 26, 2003, the Company extended a €10 million short-term credit facility (the "Credit Facility") to the Parent. The Credit Facility bears interest equal to the average of the three-month and six-month Euribor rates plus a margin (0.10%).On March 24, 2009 the Company extended a new €20 millon short-term credit facility (2009 Credit Facility) to the Parent that modified and superseded the March 26,2003 Credit Facility. At December 31, 2011 and 2010, the Company had a loan receivable of €12,131,632 and € 12,793,918, respectively, from the Parent pursuant to the Credit Facility.

Preferred capital securities: On March 28, 2003, the Company completed the issuance of 60,000,000 preferred capital securities and received proceeds of €1.5 billion from the issuance. Preferred capital security holders are entitled to receive dividends at a rate equal to the three-month Euribor effective rate, provided, however, that the three-month Euribor effective rate shall in no event be less than 4.00% or more than 7.00%. Dividends shall be payable quarterly in arrears on March 28, June 28, September 28, and December 28 of each year. The preferred capital securities shall not be redeemed by the Company prior to March 28, 2013, with the exception of certain tax-related events, as defined in the Amended and Restated Limited Liability Company Agreement of Endesa Capital Finance, L.L.C. (the "Agreement"). In the event the preferred capital securities are not redeemed on March 28, 2013, preferred capital security holders are entitled to receive dividends at a rate equal to the three-month Euribor rate plus an effective annual rate of 3.75%. All costs related to this transaction were incurred by the Company and have been charged against the proceeds from issuing the securities.

On June 2011, the Company repurchased €1,318,628,775 of the preferred capital securities notes. In connection with the repurchase, the Company paid €11,208,345 to third parties as redemption fee. This amount has been recognized in operating expenses for the year .

Liquidity fee: In February 2003, the Company entered into a "Contrato de Liquidez" (the "Liquidity Fee Agreement") with the underwriters, an unrelated party, of its preferred capital securities offering. Pursuant to the Liquidity Fee Agreement, the Company is committed to pay an annual liquidity fee of 0.2% of the outstanding principal amount of the preferred capital securities.

Guaranty fee: In February 2003, the Company entered into a "Acuerdo de Contragarantia" (the "Guaranty Fee Agreement") with Endesa, the guarantor of the Company's preferred capital securities offering and the Company's ultimate parent company. Pursuant to the Guaranty Fee Agreement, the Company is committed to pay an annual guaranty fee of 0.2% of the outstanding principal amount of the Preferred Capital Securities. In December 28th 2008 this fee was removed.

The Company is filing with the CNMV the Financial Statements, balance sheet and income statement, in conformity with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), for the twelve months period ended December 31, 2011.

2. Operating Results

The net income attributable to common security holders for the period ended December 31, 2011 reached €22,848,777.

3. Main Activities during 2011

No new preferred capital securities were issued during 2011.

On June 2011, the Company repurchased €1,318,628,775 of the preferred capital securities notes.

Holders of preferred capital securities received dividends of € 33,627,424 during 2011.

The Company paid €3 million as a liquidity fee.

During 2011 the Company continued to grant loans to the Parent. As of December 31, 2011 the amount granted reached €179,766,580 as a long term loan and €12,131,632 as a short-term credit facility.

4. Financial Risk Management

The Endesa´s Group´s Corporate Risk function provides services to manage the financial risk relating to the Company´s operations.

5. Future Outlook

No significant changes are expected in the foreseeable future. Activities of the Company are expected to be those related to the borrowing and lending of funds.

February 29, 2012

Francisco Ramírez Millor Greg Lavelle Endesa Capital Finance L.L.C. Endesa Capital Finance L.L.C.

DECLARACIÓN DE RESPONSABILIDAD INFORME FINANCIERO ANUAL EJERCICIO 2011

Los Administradores Mancomunados de Endesa Capital Finance LLC, de conformidad con el Artículo 8 del Real Decreto 1362/2007, declaran que, hasta donde alcanza su conocimiento, las cuentas anuales correspondientes al ejercicio 2011, formuladas con fecha 23 de Marzo de 2012 y, elaboradas con arreglo a los principios contabilidad aplicables, ofrecen la imagen fiel del patrimonio, de la situación financiera y de los resultados de Endesa Capital Finance LLC y que el informe de gestión incluye un análisis fiel de la evolución y los resultados empresariales y de la posición de Endesa Capital Finance LLC junto con la descripción de los principales riesgos e incertidumbres a que se enfrenta.

D. Francisco Ramírez Millor D. Gregory F. Lavelle Administrador Mancomunado Administrador Mancomunado

Madrid, 23 de Marzo de 2012

COMISIÓN NACIONAL DEL MERCADO DE VALORES C/Miguel Angel, 11 28010 Madrid

Muy Sres.Nuestros:

En relación con la Norma 5ª de la Circular 1/2004, de 17 de Marzo de 2004, de la Comisión Nacional del Mercado de Valores, y a efectos de dar cumplimiento a lo establecido en la misma, le comunicamos:

• 1. Que Endesa Capital Finance, LLC es una sociedad constituida de acuerdo con la Ley de Sociedades de Responsabilidad Limitida del Estado de Delaware de los Estados Unidos de América, con domicilio en Suite 204-F, 850 Library Avenue, Newark, Delaware 19711, controlada en su totalidad, de forma indirecta, por Endesa, S.A. a través de la sociedad International Endesa, B.V.
• 1. Que de acuerdo con lo establecido en la citada Circular, Endesa Capital Finance, LLC justifica mediante la presente comunicación la no elaboración del Informe Anual de Gobierno Corporativo y se remite al Informe Anual de Gobierno Corporativo del ejercicio 2011 de su sociedad dominante, Endesa, S.A., que fue aprobado por su Consejo de Administración el 27 de Febrero de 2012, y remitido como Hecho Relevante a la Comisión Nacional del Mercado de Valores con fecha 29 de Febrero de 2012.

Atentamente,

D.Francisco Ramírez Millor D.Gregory F.Lavelle

Endesa Capital Finance, LLC Endesa Capital Finance, LLC