M&A Activity • Dec 11, 2015
M&A Activity
Open in ViewerOpens in native device viewer
ENEL GREEN POWER S.P.A.
(also referred to hereinafter as EGP or the Demerged Company)
IN FAVOR OF ENEL S.P.A.
(also referred to hereinafter as Enel or the Beneficiary Company) drafted pursuant to arts. 2506 et seq. of the Italian Civil Code
Enel S.p.A. ("Enel") is a company organized and existing under Italian law whose shares are listed on the electronic stock exchange of Borsa Italiana S.p.A. (mercato telematico azionario or "MTA"), having as its corporate purpose the acquisition and management of shareholdings and interests in Italian or foreign companies and enterprises, as well as the performance, in favor of its subsidiary companies and enterprises, of strategic guidance and coordination functions with regard to such companies' industrial structures and business operations;
Enel, through its subsidiaries or companies in which it holds equity stakes, operates in particular in the energy sector, engaging in activities that are directly or indirectly related to such sector;
Enel is currently the controlling shareholder of Enel Green
Power S.p.A. ("Enel Green Power" or "EGP"), in which company it holds, as of the date of this demerger plan (the "Demerger Plan"), a shareholding totaling approximately 68.29% of its share capital, and exercises over EGP guidance and coordination activities within the meaning set forth in arts. 2497 et seq. of the Italian Civil Code;
EGP is a company organized and existing under Italian law with shares listed in Italy on the MTA, and admitted to listing in Spain through the Spanish electronic trading system called Sistema de Interconexión Bursátil "SIBE" (on the stock markets of Madrid, Barcelona, Bilbao and Valencia), and operates in the renewable energies sector;
in order to achieve the industrial objectives illustrated in the directors' reports prepared by Enel and by EGP pursuant to art. 2501-quinquies of the Italian Civil Code, as cited in art. 2506-ter, paragraph 1, of the Italian Civil Code – to which reference is made with regard to the reasons underlying the demerger, an illustration and justification of the Demerger Plan from a legal and economic standpoint, with particular regard to the exchange ratio and criteria for its determination - the above-mentioned boards of directors propose the partial, non-proportional demerger of EGP in favor of Enel, in accordance with art. 2506-bis, paragraph
4, of the Italian Civil Code (the "Demerger"), as described below in this Demerger Plan;
as a result of the Demerger and as of the Date of Effect of the Demerger (as defined below), inter alia, EGP will be delisted from both the Italian market and the Spanish markets;
Enel and Enel Green Power, as of the date of this Demerger Plan, are allowed to take part in the Demerger since they are not subject to liquidation or insolvency proceedings;
the Demerger Plan will be filed, for both of the participating companies, for registration in the companies register of Rome pursuant to article 2501-ter, paragraph 3, of the Italian Civil Code, cited in article 2506-bis, paragraph 5, of the Italian Civil Code, and registered in the same;
the Demerger Plan, the financial statements drafted pursuant to art. 2501-quater of the Italian Civil Code, the reports by the boards of directors drafted pursuant to art. 2501-quinquies of the Italian Civil Code, the expert's report drafted pursuant to article 2501-sexies of the Italian Civil Code, as well as the financial statements for the three years 2014, 2013 and 2012 of both companies taking part in the Demerger will be filed with their respective registered offices and published on the websites www.enelgreenpower.com and www.enel.com, in accordance with article 2501-septies of the Italian Civil Code cited in article 2506-ter, paragraph 5, of the Italian Civil Code, as well as on the authorized storage mechanism called "NIS-Storage" ();
in addition, in accordance with the provisions of art. 2506-ter, paragraph 2, of the Italian Civil Code, an appraisal/estimate report on the Set of Assets Demerged (as defined below) will be drafted by an independent expert, and will be filed with the companies register of Rome and/or published through filing at the registered offices of the companies taking part in the Demerger, as well as on the websites www.enelgreenpower.com and www.enel.com during the 30 days preceding the shareholders' meetings called to approve this Demerger Plan and, lastly, filed with the authorized storage mechanism called "NIS-Storage" ();
the two companies taking part in the Demerger have not issued convertible debt instruments or other equity instruments, or other financial instruments convertible into shares.
The Boards of Directors of Enel and Enel Green Power, both of which met on 17 November 2015, have prepared, in accordance with art. 2506-bis and art. 2501-ter of the Italian Civil Code, the Demerger Plan, which envisages the partial Demerger of EGP in favor of its controlling shareholder/parent company Enel, with the issuance in exchange and non-proportional allotment to the shareholders of the Demerged Company of newly issued shares in the beneficiary Enel.
A. Demerged Company: "Enel Green Power S.p.A.", a company subject to guidance and coordination activities on the part of Enel S.p.A., with registered office at viale Regina Margherita, 125, Rome, share capital of Euro 1,000,000,000.00 (one billion /00) entirely paid in, comprised of 5,000,000,000 (five billion/00) ordinary shares having a nominal value of 0.20 (zero/20) Euro each, registered with the Companies Register of Rome, Tax Code and VAT Code no. 10236451000, Chamber of Commerce (R.E.A.) no. RM - 1219253. b. Beneficiary Company: "ENEL S.p.A.", with registered office at viale Regina Margherita, 137, Rome, share capital of Euro 9,403,357,795.00(nine billion four hundred three million three hundred fifty seven thousand seven hundred ninety five /00), entirely paid in, comprised of 9,403,357,795 (nine billion four hundred three million three hundred fifty seven thousand seven hundred ninety five) ordinary shares having a nominal value of 1.00 (one/00) Euro each, registered with the Companies Register of Rome, Tax Code 00811720580, VAT Code 00934061003, Chamber of Commerce (R.E.A.) no. RM - 756032;
(2)
A. Demerged company:
Attached to this Demerger Plan as schedule A are the by-laws of the Demereged Company in force as of the date of the Demerger Plan, and the By-laws of the same Demerged Company in the version reflecting the amendments deriving from the Demerger – related to, among other things, the share capital and number of shares, and the amendment of clauses no longer applicable following the delisting (in particular those related to the delisting set forth in new art. 8 related to the shareholders' domicile, as well as those set forth in the following articles renumbered 9, 10, 11, 12 and 13 related to the Shareholders' Meeting, 14, 15, 16, 20 and 23 related to the Board of Directors, 25 related to the Board of Statutory Auditors, 26 related to the dividend advances and 30 related to general provisions) - and that will enter into force as of the Date of Effect of the Demerger (as defined below), attached as schedule B, which schedules constitute an integral and substantive part hereof.
Attached to this Demerger Plan are the by-laws of the Beneficiary Company in force as of the date of this Demerger Plan as schedule C and the By-laws of the same Beneficiary Company which reflects the amendments deriving from the Demerger – related to the capital and the number of shares referred to in art. 5.1 – and that will enter into force on the Date of Effect of the Demerger, attached as schedule D, which schedules constitute an integral and substantive part hereof.
It should be noted that numerical expressions certifying the changes in capital and in the number of shares comprising the same deriving from the Demerger, as set forth in the Beneficiary Company's by-laws that will enter into force on the Date of Effect of the Demerger, attached hereto as schedule D, will be specified in their final amount in the deed of Demerger, in accordance with the principles and criteria described in point 4 below of this Demerger Plan; to this end, the Shareholders' Meetings of the Beneficiary Company will grant a specific mandate to its board of directors to define, on the occasion of the deed of Demerger, the amounts of capital and number of shares comprising the same.
(3)
BALANCE SHEET ELEMENTS TO BE ASSIGNED TO THE BENEFICIARY COMPANY
The Demerger will be approved on the basis of the financial statements of EGP and Enel as of 30 September 2015, approved – pursuant to and for purposes of art. 2501-quater of the Italian Civil Code cited in art. 2506-ter, paragraph 1, of the Italian Civil Code – by the meetings of the Boards of Directors of the Demerged Company and the Beneficiary Company held on 17 November 2015 and attached hereto, respectively, as schedules E and F.
The Demerger will give rise to the assignment of almost all of EGP's foreign shareholdings/subsidiaries and financial assets (the "Set of Assets Demerged") in favor of Enel, while EGP will keep its Italian assets and the remaining foreign shareholdings. In particular, the balance sheet elements and related legal relationships which, as a result of the Demerger, will be assigned
Enel Green Power International BV;
The detailed description of the asset-side and liability-side balance sheet elements and related legal relationships comprising the Set of Assets Demerged which will remain assigned to the Beneficiary Company as a result of the Demerger is set forth in schedule G and in its sub-schedules and in the respective notes setting forth details and comments, which constitute an integral and substantive part of this Demerger Plan.
In any case, where the assignment of assets, liabilities, rights or obligations is not discernible from the Demerger Plan, such elements shall be deemed assigned to the Beneficiary Company where the same pertain to the Set of Assets Demerged.
It should be further noted that any windfall assets or contingent liabilities that may arise after the Date of Effect of the Demerger shall remain, respectively, for the benefit of or borne by the Beneficiary Company provided that they pertain to the Set of Assets Demerged.
The composition of Enel Green Power's net shareholders' equity for accounting purposes existing following the Demerger will be that set forth in the Table (called the "Composition of the Demerged Company's net shareholders' equity, ante and post Demerger") attached as schedule H to this Demerger Plan, which schedule constitutes an integral and substantive part hereof.
The composition of Enel's net shareholders' equity for accounting purposes existing following the Demerger will be that set forth in the Table (called the "Composition of the Beneficiary Company's net shareholders' equity ante and post Demerger") attached as schedule I to this Demerger Plan, which schedule constitutes an integral and substantive part hereof.
It should be noted, in conclusion, that:
the Set of Assets Demerged includes the contractual relationships pertaining thereto, including the employment relationships with the 6 human resources, as better described in the above-mentioned document attached as schedule G hereto and in the related notes setting forth details and comments;
the asset-side and liability-side balance sheet elements and the legal relationships comprising the Set of Assets Demerged will be
those actually existing on the Date of Effect of the Demerger, therefore also taking into account the changes that will take place between the date of reference of the financial statements as of 30 September 2015 of the Demerged Company and the Date of Effect of the Demerger, as a result of the trends in day-to-day business operations. Therefore, any differences in the value/existence of such elements and relationships comprising the Set of Assets Demerged, between 30 September 2015 and the Date of Effect of the Demerger, shall give rise to the registration of a credit/debit item between the Demerged Company and the Beneficiary Company. The formal registration of the shareholding transferred as a result of the Demerger from EGP to Enel will be carried out in accordance with applicable laws and regulations.
Prior to the execution of the deed of Demerger, Enel and Enel Green Power will complete all actions that may be necessary and/or advisable for purposes of allowing for Enel's takeover of guarantees/security interests falling within the Set of Assets Demerged set forth in schedule G and sub-schedule 2, with the consequent release of Enel Green Power from the obligations provided thereunder, negotiating with the counterparties all appropriate agreements and/or legal deeds.
For those guarantees with respect to which it is not possible to
perfect the foregoing by the Date of Effect of the Demerger, Enel and Enel Green Power will take all actions necessary or useful to ensure that Enel replaces Enel Green Power in the obligations deriving from such guarantees/security interests. It is nonetheless agreed that if Enel Green Power cannot be released from the obligations deriving from the above-mentioned guarantees/security interests, all related costs, charges, liabilities and responsibilities will be taken over in full by the Beneficiary Company.
(4)
As of the Date of Effect of the Demerger, the quota of EGP's share capital corresponding to the Set of Assets Demerged, comprised of no. 3,640,000,000 (three billion six hundred forty million) shares in EGP ("Total shares in EGP exchanged"), will be exchanged using the Exchange Ratio indicated below, as follows: (i) EGP's shareholders other than Enel will exchange all of the shares held in EGP; (ii) Enel, on the other hand, will exchange only a portion of its shares held in EGP, corresponding to the above-mentioned total number of Shares in EGP exchanged, after deducting the EGP shares exchanged by shareholders of EGP other than Enel.
It is acknowledged that for purposes of the determination of the above-mentioned number of shares in EGP referring to the Set of Assets Demerged pertaining, respectively, to Enel and to the shareholders of EGP other than Enel and, therefore, the criterion for the non-proportional assignment of the newly issued shares in the Beneficiary Company to the shareholders of the Demerged Company, the Boards of Directors of the companies taking part in the Demerger have attributed to such Set of Assets Demerged a value corresponding to 72.8 percent of the entire value of EGP as a whole prior to the Demerger.
The Boards of Directors of Enel and EGP which have drafted this Demerger Plan have approved the following exchange ratio: no. 0.486 newly issued Enel shares for each EGP share exchanged (the "Exchange Ratio").
The Exchange Ratio will be subject to a congruousness assessment/opinion by one or more independent experts pursuant to art. 2501-sexies of the Italian Civil Code.
No cash adjustments are envisaged.
As a result on the Date of Effect of the Demerger, the Beneficiary Company will increase its share capital through the issuance of up to 1,769,040,000 (one billion seven hundred sixty nine million
forty thousand) shares – with regular entitlement and a nominal value of Euro 1.00 each - in favor of the shareholders of the Demerged Company on the basis of the Exchange Ratio. The amount of Enel's capital increase to service the Exchange Ratio may not exceed the value attributed to the Set of Assets Demerged under the appraisal report by the independent expert referred to in the recitals above. In particular:
a) the shareholders of EGP other than Enel will be assigned – through application of the Exchange Ratio – a total of up to a maximum of 770,588,712 (seven hundred seventy million five hundred eighty eight thousand seven hundred twelve) newly issued Enel shares, in exchange for the cancellation, at the time of exchange, of a total of 1,585,573,483 (one billion five hundred eighty five million five hundred seventy three thousand four hundred eighty three) EGP shares held by such shareholders, while
b) Enel will be assigned a total of 998,451,288 (nine hundred ninety eight million four hundred fifty one thousand two hundred eighty eight) Enel shares – with simultaneous cancellation of the same pursuant to the prohibition provided under art. 2504-ter, paragraph 2, of the Italian Civil Code, as cited in art. 2506-ter, paragraph 5, of the Italian Civil Code –, in exchange for the cancellation, at the time of exchange, of 2,054,426,517 (two billion fifty four million four hundred twenty six thousand five hundred seventeen) EGP shares held by it.
In light of the above, as of the Date of Effect of the Demerger, the share capital of the Beneficiary Company will be increased of up to maximum 770,588,712 (seven hundred seventy million five hundred eighty eight thousand seven hundred twelve) newly issued Enel shares, entirely assigned to the Shareholders of the Demerged Company other than Enel.
The number of newly assigned Enel shares may change depending upon the number of EGP shares acquired by Enel upon the conclusion of the pre-emption offer of the EGP shares that may be subject to the sale and withdrawal rights (hereinafter indicated in paragraph 10). Since, as of the Date of Effect of the Demerger, all of the above-mentioned 3,640,000,000 (three billion six hundred forty million) shares in EGP representing the portion of EGP's share capital corresponding to the Set of Assets Demerged forming the subject matter of the exchange will be cancelled in their entirety, on such date, the Demerged Company's share capital will be reduced from its current total amount of Euro 1,000,000,000.00 (one billion/00) to a total of Euro 272,000,000 (two hundred seventy two million/00), comprised of 1,360,000,000 (one billion three hundred sixty million) ordinary shares having a price per share of Euro 0.20 (zero/20) each.
As a result of the exchange by EGP shareholders other than Enel of all shares held by them in EGP, and the consequent cancellation of the same, Enel – as a result of the Demerger – will be the sole shareholder of the Demerged Company.
(5)
The assignment to EGP's shareholders other than Enel of the newly issued shares of the Beneficiary Company will take place, under a regime of dematerialization and through authorized intermediaries, starting from the Date of Effect of the Demerger, in accordance with the timetable and the procedures to be announced to the market through the publication of a specific notice on the Demerged Company's website (www.enelgreenpower.com), in at least one national daily newspaper, and on the authorized storage mechanism called "NIS-Storage" (). The newly issued Enel shares will be listed on the MTA like the shares of the Beneficiary Company already outstanding. No costs will be imposed upon EGP's shareholders in connection with the exchange transactions.
A service will be made available to EGP's shareholders in order
to allow for rounding to the immediately lower or higher number of Enel shares due upon the application of the Exchange Ratio, without any additional expenses, stamp duties or fees being charged. Alternatively, different procedures may be activated in order to ensure the overall successful outcome of the transaction.
Considering that, as already mentioned, the EGP shares are currently admitted to trading on the Spanish regulated markets and that the Enel shares assigned at the time of the exchange will not be admitted to trading on such markets, the Spanish Regulatory Authority (Comisión Nacional del Mercado de Valores) has notified that, in line with the previous similar cases that have occurred on the Spanish markets, it is necessary to appoint a dedicated "connection/reference" intermediary (referred to as the "entidad de enlace"), in order to enable the shareholders who, as of the Date of Effect of the Demerger, will hold EGP shares admitted to trading on the above-mentioned Spanish markets (through the Spanish centralized management/administration system, Iberclear) to sell on the MTA, during the month following the Date of Effect of the Demerger, the Enel shares received in exchange, without any additional costs related to the sale on a foreign market. After the above-mentioned one-month period, the above-mentioned shareholders may purchase or sell the Enel shares in Italy on the MTA through authorized intermediaries, incurring the costs of the transaction.
(6)
The shares issued by Enel to service the Exchange Ratio will have regular entitlement and, therefore, the same rights to share in earnings of the Beneficiary Company resting with the other shares of the same Beneficiary Company already outstanding as of the Date of Effect of the Demerger.
(7)
STARTING DATE OF THE EFFECTS OF THE DEMERGER AND OF THE ENTRY OF THE TRANSACTIONS PERTAINING TO THE BALANCE SHEET ELEMENTS FORMING THE SUBJECT MATTER OF THE DEMERGER IN THE FINANCIAL STATEMENT OF THE BENEFICARY COMPANY
The start date of civil law effects of the Demerger will correspond with the last of the registrations provided under art. 2506-quater of the Italian Civil Code, or such other later date that may be indicated in the deed of Demerger ("Date of Effect of the Demerger"). To such end, the Shareholders' Meetings of the companies taking part in the Demerger will grant a specific mandate to their boards of directors in order to set the Date of Effect of the Demerger, if later than the last of the registrations provided under art. 2506-quater of the Italian Civil Code.
Starting on the same date, the transactions pertaining to the balance sheet elements assigned to the Beneficiary Company will be entered in the financial statement of the Beneficiary Company, with all related accounting and tax effects also starting on the same date.
(8)
The companies taking part in the Demerger have not issued any particular categories of shares or convertible debt securities or other equity instruments or financial instruments convertible into shares.
No particular advantages are envisaged in favor of the Directors of the companies taking part in the Demerger.
EGP's shareholders who do not take part in the approval of the
Demerger will be entitled to have their own EGP shares purchased by Enel pursuant to and for purposes of art. 2506-bis, paragraph 4, of the Italian Civil Code (the "Right of Sale"). In such regard, Enel has declared its intention to purchase all shares subject to the Right of Sale and the Right of Withdrawal (as defined below) that have not been sold following the pre-emption offer referred to below.
The Right of Sale may concern all or even only a portion of the EGP shares held by the shareholders of the Demerged Company who exercise the Right of Sale. The price per share of the EGP share is determined by applying the criterion provided under art. 2437-ter, paragraph 3, of the Italian Civil Code, represented by the arithmetic average of the closing price of the EGP share over the six months preceding the publication of the notice of call of EGP's extraordinary shareholders' meeting called to approve the Demerger (the "Liquidation Value").
The Liquidation Value will be announced to the shareholders and the market through a specific press release viewable on EGP's website and through the publication of a notice on at least one national daily newspaper. The procedure for the exercise of the Right of Sale is the same as that provided under art. 2437-bis of the Italian Civil Code for the exercise of the Right of Withdrawal (as defined below).
In addition, the shareholders entitled to exercise the Right of Sale may exercise the right of withdrawal, pursuant to art. 2437, paragraph 1, letter a), of the Italian Civil Code (the "Right of Withdrawal"), at the same price provided for the Right of Sale indicated above, since Enel, the Beneficiary Company of the Demerger, has a clause of its corporate purpose that allows for the conduct of business that differs significantly from that described in EGP's corporate purpose clause. The methods for exercising the Right of Withdrawal are those provided under applicable law. In any case, the Right of Sale and the Right of Withdrawal may not be exercised for the same share.
The process of liquidation of the shares for which the Right of Sale and/or the Right of Withdrawal are exercised will take place, in a single context, in accordance with art. 2437-quater of the Italian Civil Code. In particular, the terms of the pre-emption offer that will be addressed to all of EGP's shareholders pursuant to the above-mentioned provision of law, will be announced in accordance with the procedures provided under the applicable legal framework, specifying in such regard that the related notices will be published a reasonable time in advance on the Demerged Company's website (www.enelgreenpower.com), in at least one national daily newspaper, and on the authorized storage mechanism called "NIS-Storage" (). The effect of the Right of Sale and the Right of Withdrawal is conditioned upon the perfection of the Demerger.
* * * * *
The effect of the Demerger is conditioned upon the circumstance that the total liquidation value of the EGP shares in connection with which the Right of Withdrawal and the Right of Sale is validly exercised does not exceed Euro 300,000,000 (three hundred million/00)(the "Condition Precedent").
The Condition Precedent shall be deemed likewise satisfied – even in the event that the limit indicated above is exceeded - if Enel, within 60 calendar days from the last registration with the Companies Register of Rome of the shareholders' meeting resolutions approving the Demerger pursuant to art. 2502 of the Italian Civil Code, declares its intention to purchase all of the shares for which the above-mentioned rights have been exercised.
The foregoing is subject to possible supplements and/or updates (including numerical ones) to the Demerger Plan, and to the By-laws of the Beneficiary Company (post-Demerger) and to the By-laws of the Demerged Company (post-Demerger) attached hereto, as may be required or permitted under the legal framework, and/or by the competent regulatory authorities or public authorities or companies that manage the regulated markets involved, or at the time of registration in the companies register of Rome or, lastly, depending upon the performance/perfection of the Demerger transaction as structured under this Demerger Plan.
On behalf of the Board of Directors of Enel S.p.A.
On behalf of the Board of Directors
of Enel Green Power S.p.A.
A. Enel Green Power S.p.A.'s by-laws as currently in force;
B. Enel Green Power S.p.A.'s by-laws with the amendments deriving
from the demerger;
C. Enel S.p.A.'s by-laws as currently in force;
D. Enel S.p.A.'s by-laws with the amendments deriving from the
demerger;
E. Enel Green Power S.p.A.'s financial statements as of 30 September 2015;
F. Enel S.p.A.'s financial statements as of 30 September 2015;
G. Exact description of the balance sheet elements to be assigned
to the Beneficiary Company;
H. Table setting forth the composition of the Demerged Company's net shareholders' equity ante and post demerger;
I. Table setting forth the composition of the Beneficiary Company's net shareholders' equity ante and post demerger.
Schedule A
Text approved by the Extraordinary Shareholders' Meeting held on June 10, 2010, as amended:
1.1 A Company denominated "Enel Green Power S.p.A." (in abbreviated form "EGP S.p.A.") and governed by the regulations in these Articles of Association is incorporated.
2.1 The registered office of the Company is located in Rome.
3.1 The duration of the Company is established to 31 December 2100 and may be extended, once or more, by the deliberation of the shareholders' general meeting.
The Company may further carry out research, consultancy and assistance activities in all sectors pertaining to the company's object, and any other activity that allows a better utilisation and valorisation of the assets, resources and competencies employed.
4.2 The Company may furthermore directly carry out, in the interest of the subsidiaries or affiliates, any activity connected with or instrumental to its activities or those of the subsidiaries or affiliates.
To this end the Company will in particular deal with:
7.1 The issue of bonds is resolved by the Directors in accordance to the law.
9.1 The right to participate and vote in the shareholders' general meetings are governed by the regulations in force.
11.1 The shareholders' general meeting is chaired by the chairman of the board of directors or, in the absence or impediment thereof, by the chief executive officer or, if both are absent, by a person designated by the board of directors, otherwise the shareholders' general meeting elects its own chairman.
11.2 The chairman of the shareholders' general meeting is assisted by a secretary, not necessarily a shareholder, designated by those in attendance and may appoint one or more scrutineers.
Slates which contain a number of candidates equal to or above three shall include candidates belonging to different genders, as indicated in the notice of meeting, in order to ensure that the composition of the Board of Directors is compliant with the applicable laws on balance between genders.
The lists must be lodged at the registered office and published in compliance with the regulations in force. Each shareholder may present or cooperate in presenting only one list and each candidate may stand in only one list on pain of non eligibility. Only those shareholders who, alone or together with other shareholders, own the minimum percentage of the share capital provided for by regulation of the Consob are entitled to present lists. The declaration of individual candidates in which they accept their candidacies and certify under their own responsibility the inexistence of any cause of ineligibility or incompatibility, as well as the satisfaction of the requirements prescribed by applicable law for the respective offices, are to be
lodged together with each list. The appointed Directors must inform the Board of Directors without delay of the loss of the above mentioned requirements, or of the occurrence of any cause of ineligibility or incompatibility.
All those entitled to vote may vote for one single list.
The appointment of the Directors is conducted as follows:
In case of a tie between quotients, the replacement is made in favour of the candidate drawn from the slate which has obtained the highest number of votes.
If the replacement of the candidate of the most represented gender having the lowest quotient in the ranking list does not allow, in any case, to reach the minimum threshold provided for under the applicable laws on balance between genders, the above said replacement procedure is carried out also with reference to the candidate belonging to the most represented gender having the second last quotient, and so forth, starting from the end of the ranking list.
c-ter) the president of the meeting, at the end of the above procedures, declares the elected members;
d) for the appointment of Directors who, for any reason, are not elected according to the procedure above, the shareholders' general meeting resolves according to the majorities provided for by the law ensuring in any case, the presence of the necessary number of Directors satisfying the requirements of independence provided for by the law, and the compliance with the applicable laws on balance between genders.
The list voting procedure applies only in the case of renewal of the entire Board of Directors.
15.3 Usually, the notice of call is sent at least five days before the date set for the meetings. In cases of urgency, the term may be shorter. The Board of Directors resolves upon the way of convocation of its meetings.
16.1 The meetings of the Board are chaired by the Chairman or, in the absence or impediment thereof, by the Deputy Chairman, if elected. In the absence of the latter too, the meetings are chaired by the oldest Director.
f) the transfer of the registered office within Italy.
The attribution of these responsibilities to the Board of Directors does not exclude the concurrent competency of the shareholders' general meeting in these matters.
In any case, the entering into of the foregoing transactions is prevented only if the unrelated shareholders attending the Shareholders' Meeting represent at least 10% of the share capital with voting rights;
20.1 The Board of Directors may delegate, within the limits of which at Article 2381 of the Italian Civil Code, its attributions to an executive committee and/or to one or more of its members, determining the content, the limits and the eventual manner of exercising these powers. The Board, upon proposal of the Chairman and with the agreement of the delegated organs, may assign powers for single activities or categories of documents to other members of the Board of Directors.
20.2 The powers of the delegated organs include the conferral, within the sphere of the attributions assigned, of powers for single activities or categories of activities to Company employees and third parties, with the faculty to sub-delegate.
23.1 The Chairman:
24.1 The shareholders' general meeting shall elect the Board of Statutory Auditors, consisting of three effective auditors and determines the fees thereto. The shareholders' general meeting shall also elect three alternate auditors.
The components of the Board of Statutory Auditors are selected from those with the requisites of professionalism and honour indicated in Ministry of Justice Decree No. 162 of 30 March 2000. For the
purposes of the disposition of which at Article 1, paragraph 2, letters b) and c) of the said Decree, matters pertaining to commercial and tax law, company economy and finance are considered strictly pertinent within the sphere of activities of the Company, as well as the matter and activity sectors pertaining to energy in general, environmental law and environmental economics. As to questions on Board of Statutory Auditors composition, non eligibility and the limits of the accumulation of administration and control appointments which may be covered by the components of the Board of Statutory Auditors, the current dispositions of law and regulation find full application.
24.2 The effective and substitute auditors are nominated by the shareholders' general meeting on the basis of lists presented by the shareholders, in which the candidates must be listed with a progressive number and may not exceed the number of components of the organ to be elected. The right to present the lists is assigned only to those shareholders who, alone or together other shareholders, are the owners of the minimum quota for participation in the company share capital established by the National Commission for Companies and the Stock Exchange (Consob) with the regulations for the presentation of the lists of candidates for the Board of Directors. The current legislation applies to the presentation, deposit and publication of the lists. The lists are articulated in two sections: one for the candidates for appointment as effective auditors and another for candidates for appointment as substitute auditors. The first candidate on each list must be a member of the rolls of legal auditors and have exercised the activity of legal control of accounts of a period of no less than three years.
In compliance with the applicable laws on balance between genders, slates which, taking into account both sections, contain a number of candidates equal or above of three, shall include, both in the first two places in the section of the slate relating to the regular statutory auditors, and in the first two places in the section of the slate relating to the substitute auditors, candidates belonging to different gender.
The list obtaining the most votes provides, in the progressive order in which they are listed, two effective auditors and two substitute auditors. The remaining auditor and substitute auditor are nominated as per the current regulations and with the manner indicated at Article 13.3, letter b), to be applied separately to each of the sections in which the other lists are articulated.
For the nomination of auditors outside the hypotheses of renewal of the entire Board of Statutory Auditors, the shareholders' general meeting resolves with the majorities of which at the law and without applying procedure of which here above, but so as to assure a composition of the Board of Statutory Auditors which is compliant with the dispositions of which at Article 1, paragraph 1, of Ministry of Justice Decree No. 162 of 30 March 2000 and indeed respect for the principle of representation of the minorities, and the applicable laws on balance between genders.
The chairmanship of the Board of Statutory Auditors is assigned to the auditor nominated with the modalities established at Article 13.3, letter b); in the case of substitution of the president, the appointment is taken by the substitute auditor also nominated with the modalities established at Article 13.3, letter b). In the case of substitution of one of the auditors from the list which obtained the most votes, the replacement is made in favour of the first of the substitute auditors drawn from that list. In the event that the replacement, if carried out through the above modalities, does not allow to form a Board of Statutory
Auditors compliant with the applicable laws on balance between genders, the replacement shall be carried out in favour of the second substitute auditor belonging to the same slate. If, thereafter, it is necessary to replace the other effective auditor belonging to the slate which has obtained the majority of the votes, the latter shall in any case be replaced by the substitute auditor belonging to the same slate.
26.1 Any dividends not claimed within five years from the day they became payable shall lapse in favour of the Company and be posted directly to reserves.
27.1 In the case of winding up of the Company, the shareholders' general meeting determines the manner of liquidation and appoints one or more liquidators, establishing their powers and remuneration.
28.1 Any matters not expressly provided for herein shall be governed by the provisions of the Civil Code and applicable statutes.
1.1 A Company denominated "Enel Green Power S.p.A." (in abbreviated form "EGP S.p.A.") and governed by the regulations in these Articles of Association is incorporated.
2.1 The registered office of the Company is located in Rome.
3.1 The duration of the Company is established to 31 December 2100 and may be extended, once or more, by a resolution of the shareholders' general meeting.
The Company may further carry out research, consultancy and assistance activities in all sectors pertaining to the Company's purposes, and any other activity that allows a better utilisation and valorisation of the assets, resources and competencies employed.
4.2 The Company may furthermore directly carry out, in the interest of the subsidiaries or affiliates, any activity connected with or instrumental to its activities or those of the
subsidiaries or affiliates.
To this end the Company may in particular provide:
a) extension of the duration of the Company;
b) introduction, modification or removal of the limitations on circulation of shares.
7.1 The issuance of non-convertible bonds is resolved upon by the Directors in accordance and with the modalities provided by law.
8.1 The shareholders' domicile, as far as their relationships with the Company is concerned, is the one resulting from the Shareholders' Ledger; each shareholder shall notify any change of its domicile, as well as telephone numbers, fax and e-mail.
9.4 Shareholders' meetings may also be held by telecommunications means, provided that:
the Chairman of the meeting is in a position to ascertain the identity and legitimacy of those in attendance; govern the course of the meeting; acknowledge and declare the outcome of the resolution;
the person drafting the minutes is in a position to duly perceive the discussions during the meeting;
those in attendance are in the position to follow the discussion concerning the items on the agenda and to vote simultaneously, exchanging any documentation necessary;
the Company indicates in the notice of call the places connected via tele/video conference, from where the persons may attend, and the meeting will be deemed held in the place where the Chairman and the secretary are in attendance.
10.1 The right to participate and vote in the shareholders' general meetings are governed by applicable law.
11.1 Those who have voting rights may be represented at the shareholders' general meetings as provided for by the law, through written proxy.
adopted with the majorities required by the law for each case.
13.3 The resolutions of the shareholders' general meetings, adopted in compliance with the law and with these Articles of Association, bind the shareholders whether or not they attend or vote against them.
16.1 The Board meets at the venue indicated in the notice of call any time the Chairman, or in the case the latter is absent or unavailable, the Deputy Chairman, deems it necessary, or when there is a written request to that effect from the majority of the members of the Board of Directors or of the Board of Statutory Auditors.
The Board of Directors must likewise be called when there is a written request to that effect from at least two Directors – or from one in case the Board of Directors is composed of three members - to resolve upon a specific matter considered of particular importance and pertaining to the management, the subject of which shall be specified in the said request.
16.2 Board meetings may also be held by telecommunications means, upon condition that all those attending can be identified and that such identification is noted in the relevant minutes and they are enabled to follow the discussion and intervene in real time on the matters debated, exchanging, if necessary, documentation; in this case, the Board of Directors is considered to be held in the place where the person chairing the meeting is located and where the secretary must be located as well, in order to permit the drafting and signature of
the relevant minutes.
a) all members attend the meeting, or
b) the majority of the members of the Board of Directors and the Supervisory Board attend the meeting and the members absent declared to not object to the discussion of the items on the agenda.
17.1 The meetings of the Board are chaired by the Chairman or, in the absence or impediment thereof, by the Deputy Chairman, if elected. In the absence of the latter too, the meetings are chaired by the oldest Director.
18.1 The quorum for meetings of the Board shall be the majority of the Directors in office.
18.2 Resolutions are adopted by an absolute majority of the votes of those present; in case of a tie the vote of the person chairing the meeting shall prevail.
concurrent competence of the shareholders' meeting on same matters.
20.3 The delegated bodies shall promptly report to the Board of Directors and to the Board of Statutory Auditors at least every six months on the general performance of the period and
on the foreseeable evolution as well as on the most significant transactions due to their dimensions or characteristics, carried out by the Company and by subsidiary companies.
24.1 The Chairman:
25.1 The shareholders' general meeting shall elect the Board of Statutory Auditors, consisting of three effective auditors and determines the fees thereto. The shareholders' general meeting shall also elect two alternate auditors. The composition of the Board of Statutory Auditors has to ensure the fulfilment of the applicable laws on balance between genders. If, during
the mandate, one or more effective auditors cease from office, the alternate auditors take the place, in order to ensure the fulfilment of the applicable laws on balance between genders.
25.2 Auditors whose term has expired shall be eligible for re-election.
25.3 The meetings of the Board of Statutory Auditors may also be held by means of telecommunications, upon condition that all those attending can be identified and that said identification is acknowledged in the relevant minutes and they are allowed to follow the discussion and intervene in real time in the discussion of the matters debated, exchanging, if necessary, documents; in this case, the Board of Statutory Auditors is considered to be held at the venue where whoever chairs the meeting is.
26.1 The Company financial year shall end on December 31 of each year.
27.1 Any dividends not claimed within five years from the day they became payable shall lapse in favor of the Company and be posted directly to reserves.
28.1 In the case of winding up of the Company, the shareholders' general meeting determines the modalities of liquidation and appoints one or more liquidators, establishing their powers and remuneration.
29.1 Any matters not expressly provided for herein shall be governed by the provisions of the Italian Civil Code and applicable statutes.
30.1 The provisions of Articles 14 and 25 aimed at ensuring the fulfilment of the applicable laws on balance between genders, shall apply for the first three appointments, respectively, of the Board of Directors and of the Board of Statutory Auditors, following the entrance into force and the effectiveness of the provisions of Article 2 of Decree of the President of the Republic No. 251 of 30 November 2012.
Schedule C
Text approved by the extraordinary Shareholders' Meeting of May 21, 2004, as amended:
| article 1 | |
|---|---|
| 1.1 | The Company shall be called "ENEL - Società per azioni" and shall be governed by the rules of the present bylaws. |
| article 2 | |
| 2.1 | The registered office of the Company shall be located in Rome. |
3.1 The Company shall exist until December 31, 2100 and its term shall be extendible one or more times by resolution of a Shareholders' Meeting.
4.1 The purpose of the Company shall be to acquire and manage equity holdings in Italian or foreign companies and firms, as well as to provide such subsidiary companies and firms with strategic guidelines and coordination with regard to both their industrial organization and the business activities in which they engage.
Through affiliates or subsidiaries the Company shall operate especially:
e) in other sectors:
equipment; research, consulting and assistance; as well as the acquisition, sale, marketing and trading of goods and services, all activities connected with the sectors mentioned above under a), b), c) and d).
4.2 In the interest of its affiliates or subsidiaries, the Company may also carry out directly any activity connected with or instrumental to its own business or that of its affiliates or subsidiaries themselves.
To this end, the Company shall in particular see to:
4.3 In order to attain its corporate purpose, the Company may also carry out all transactions that are instrumentally necessary or useful or at any rate related, such as, by way of example: the provision of collateral and/or personal guarantees for both its own and third-party commitments; transactions involving movables and real-estate and commercial operations; and anything else that is connected with its corporate purpose or that allows better use of its own facilities and/or resources or those of its affiliates or subsidiaries, with the exception of accepting monetary deposits from the public and providing investment services as defined by legislative decree n. 58 of February 24, 1998, as well as the activities referred to in section 106 of legislative decree n. 385 of September 1, 1993 insofar as they are also exercised vis-à-vis the public.
6.1 Pursuant to section 3 of decree-law n. 332 of May 31, 1994, converted with revisions by Law n. 474 of July 30, 1994, no one, in whatever capacity, may own shares constituting more than 3% of the share capital, subject to the provisions of the law.
This limit on share ownership shall be calculated taking into account the total shareholding of a controlling entity, whether a natural or legal person or corporation; of all directly or indirectly controlled entities, as well as of the entities under a common control; of affiliates as well as natural persons related by blood or
marriage until the second decree, including his or her spouse unless legally separated.
Control shall be deemed to exist, including with regard to persons or entities other than companies, in the cases provided for by section 2359, paragraphs 1 and 2, of the Civil Code. Affiliation shall be deemed to exist in the situations mentioned in section 2359, paragraph 3, of the Civil Code, as well as among persons or entities that, directly or indirectly, through subsidiaries other than investment management companies, enter into agreements - including those with third parties - regarding the exercise of voting rights or the transfer of shares of or interests in other companies, or any other agreements mentioned in section 122 of legislative decree n. 58 of February 24, 1998 with respect to third-party companies in the event that such agreements regard at least 10% of the voting stock if the companies concerned are listed or 20% if the companies concerned are not listed. Calculation of the aforesaid limit on stock ownership (3%) shall also take into account the shares held through fiduciaries and/or nominees, or in general through intermediaries.
Voting rights attributable to shares held in excess of the aforesaid limit may not be exercised and the voting rights of each of the parties concerned by the ownership limit will be reduced pro rata, unless a different prior indication has been jointly given by the shareholders concerned. A resolution passed with the votes of shares held in violation of the limit may be challenged in court under section 2377 of the Civil Code, provided that the resolution would not have been passed without the votes relating to shares held in violation of the limit.
The shares for which voting rights may not be exercised shall be counted, however, for the purpose of determining the quorum at Shareholders' Meetings.
8.1 The issue of bonds shall be resolved by the Directors in accordance with the law.
9.1 Ordinary and extraordinary Shareholders' Meetings shall normally be held in the municipality where the Company's registered office is located. The Board of Directors may determine otherwise, provided the venue is in Italy.
9.2 An ordinary Shareholders' Meeting must be called at least once a year, to approve the financial statements, within one hundred and twenty days after the end of the accounting period, or within one hundred and eighty days, since the Company is obliged to draw up consolidated financial statements, or, in any case, when required by particular needs regarding the structure and the purpose of the Company.
10.1 The right to participate and to vote in Shareholders' Meetings shall be determined by the regulations in force.
11.1 All those entitled to vote may appoint a representative to act in their behalf in Shareholders' Meetings according to the provisions of law by means of a proxy issued in accordance with the procedures provided for by the regulations in force. The proxy may also be reported to the Company electronically by sending it to the special section of the Company's website specified in the notice of the Shareholders' Meeting. The same Meeting notice may also specify, in accordance with the regulations in force, additional ways of reporting the proxy electronically that may be used for the specific Shareholders' Meeting referred to in the aforesaid notice.
In order to facilitate the collection of proxies from the shareholders who are employees of the Company and its subsidiaries and members of shareholder associations satisfying the requirements set by the regulations in force, facilities for communication and for the collection of proxies shall be made available to the aforesaid associations according to the terms and procedures agreed upon each time with their legal representatives.
Each slate must include at least two candidates possessing the requirements of independence established by the law, distinctly mentioning such candidates and listing one of them first on the slate.
Slates which contain a number of candidates equal to or above three shall include candidates belonging to different genders, as indicated in the notice of the meeting, in order to ensure that the composition of the Board of Directors is compliant with the applicable laws on balance between genders.
The slates are to be lodged at the registered office and published in accordance with the regulations in force.
Each shareholder may present or participate in presenting only one slate and each candidate may be presented on only one slate under pain of ineligibility.
Only those shareholders who, alone or together with other shareholders, own the minimum percentage of the share capital established by a regulation of the Consob are entitled to present slates.
The declarations of the individual candidates, in which they accept their candidacies and certify, under their own responsibility, the inexistence of any cause of ineligibility or incompatibility, as well as the satisfaction of the requirements prescribed by applicable law and these bylaws for their respective offices, are to be lodged together with each slate.
The Directors elected must inform the Board of Directors without delay of the loss of the requirements mentioned at the end of the preceding paragraph, as well as of the occurrence of causes of ineligibility or incompatibility.
All those entitled to vote may vote for only one slate.
The procedure for electing the Directors is to be as follows:
In the event that more than one candidate has obtained the same number, the candidate of the slate that has not yet elected a Director or that has elected the fewest Directors shall be appointed Director.
In the event that no Director has been elected yet from any of these slates or that the same number of Directors has been elected from each slate, the candidate of the slate that has obtained the most votes shall be appointed Director. If there is a tie in terms of both numbers assigned and votes obtained by each slate, the entire Shareholders' Meeting shall vote again and the candidate who obtains a simple majority of the votes will be appointed Director;
In case of a tie between quotients, the replacement is made in favour of the candidate drawn from the slate which has obtained the highest number of votes.
If the replacement of the candidate of the most represented gender having the lowest quotient in the ranking list does not allow, in any case, to reach the minimum threshold provided for under the applicable laws on balance between
genders, the above said replacement procedure is carried out also with reference to the candidate belonging to the most represented gender having the second last quotient, and so forth, starting from the end of the ranking list.
The slate-vote mechanism shall apply only when the entire Board of Directors is being elected.
It also constitutes a ground for ineligibility to or disqualification for cause from the office of director, without entitlement to damages, the issue of a judgement of final conviction ascertaining the willful commission of public monetary damage.
is automatically disqualified from office, with cause and without any right to be indemnified, and, as a consequence, his/her relevant delegated powers cease. Similarly, the chief executive officer is disqualified from office if addressed with other kind of precautionary measures that can no longer be appealed, if the Board of Directors believes that such measures make impossible for the chief executive officer to exercise his/her delegated powers.
16.1 The Board shall meet at the place designated in the notice whenever the Chairman or, in case the latter is unavailable, the Deputy Chairman deems necessary. The Board may also be convened in the ways provided for in Article 25.5 of these bylaws.
The Board of Directors must also be convened when at least two Directors – or one if the Board consists of three members – so request in writing to resolve on a specific matter (to be indicated in the aforesaid request) regarding the management of the Company that they consider to be of particular importance.
16.2 Board meetings may also be held by means of telecommunications provided that all the participants can be identified and such identification is acknowledged in the minutes of the meeting, and that they are allowed to follow and participate in real time in the discussion of the matters considered, exchanging documents if need
be; in such case, the meeting of the Board of Directors shall be deemed held in the place where whoever chairs the meeting is and where the Secretary must also be in order to allow the related minutes to be drawn up and signed.
16.3 The Board shall normally be called at least five days before the date on which the meeting is to be held. This period may be shorter in urgent cases. The Board of Directors shall decide the procedures for convening its own meetings.
17.1 Board meetings shall be chaired by the Chairman or, if the latter is absent or detained, by the Deputy Chairman if one has been appointed. If the latter is also absent, they are to be chaired by the oldest Director.
18.1 The quorum for meetings of the Board shall be a majority of the Directors in office. 18.2 Resolutions shall be adopted by an absolute majority of the Directors present; in case of a tie, the vote of the person chairing the meeting shall be decisive.
20.3 Pursuant to the procedure for transactions with related parties adopted by the Company:
a) the ordinary Shareholders' Meeting, pursuant to Article 2364, paragraph 1, subsection 5, of the Civil Code, may authorize the Board of Directors to enter into related parties transactions of major importance, which do not fall within the competence of the Shareholders' Meeting, notwithstanding the negative
opinion of the related parties Committee, provided that, without prejudice to the majorities required by law, bylaws and provisions applicable in cases of conflicts of interest, the Shareholders' Meeting resolves upon also with the favourable vote of at least half of the voting unrelated shareholders. In any case, the entering into of the foregoing transactions is prevented only if the unrelated shareholders attending the Shareholders' Meeting represent at least 10% of the share capital with voting rights;
The executive in charge of preparing the corporate accounting documents must have acquired experience for a total of at least three years in the performance of:
25.1 A Shareholders' Meeting shall elect the Board of Statutory Auditors, which is to be composed of three regular members, and shall determine their compensation. Three alternate members shall also be elected by a Shareholders' Meeting.
The members of the Board of Statutory Auditors must possess the requisites of professionalism and honorableness specified in the Ministry of Justice's decree n. 162 of March 30, 2000. For the purposes of the provisions of section 1, paragraph 2, b) and c) of this decree, the following are considered closely connected with the scope of the Company's business activities: subjects pertaining to commercial law and tax law, business economics and business finance, as well as subjects and fields of activity pertaining to energy in general, communications, telematics and information technology, and network structures.
The composition of the board of statutory auditors, situations of ineligibility and the limits to the number of offices on boards of directors, boards of statutory auditors, and similar bodies that the members of the Board of Statutory Auditors may hold shall be governed by the provisions of the statutes and regulations in force.
25.2 Regular members of the Board of Statutory Auditors and alternate members shall be elected by Shareholders' Meetings on the basis of the slates presented by the shareholders, on which the candidates are to be numbered progressively and their number must not exceed that of the members of the body to be elected.
Only those shareholders who, alone or together with other shareholders, own the minimum percentage of the share capital established by a regulation of the Consob for the presentation of slates of candidates for the election of the Board of Directors are entitled to present slates.
The provisions of law in force shall apply to the presentation, lodgment and publication of the slates.
The slates are to be divided into two sections: one for the candidates for the office of regular auditor and the other for candidates for the office of alternate auditor. The first candidate in each section must be a registered auditor and have practiced the profession of legal auditor for a period of no less than three years.
In compliance with the applicable laws on balance between genders, slates which, taking into account both sections, contain a number of candidates equal to or above three, shall include, both in the first two places of the section of the slate relating to the regular statutory auditors, and in the first two places of the section of the slate relating to the alternate statutory auditors, candidates belonging to different genders.
Two regular members of the Board of Statutory Auditors and two alternate members are to be drawn, in the numerical order in which they were listed in each section, from the slate that has obtained the most votes. The remaining regular member and the remaining alternate are to be elected according to the provisions of law in force and the procedures specified in Article 14.3, b), to be applied separately to each of the sections in which the other slates are divided.
When less than the entire Board is being elected, the Shareholders' Meeting shall resolve according to the majorities provided for by the law, without following the procedure specified above, but in any case in such a way as to ensure that the composition of the Board of Statutory Auditors is in accordance with the provisions of section 1, paragraph 1, of the Ministry of Justice's decree n. 162 of March 30, 2000, as well as with the principle of the representation of minority shareholders and the applicable laws on balance between genders.
The chairmanship of the Board of Statutory Auditors shall fall to the regular Auditor elected according to the procedures specified in Article 14.3, b); in the event the Chairman is substituted, this office shall be filled by the alternate Auditor also elected according to the procedures specified in Article 14.3, b).
In the event that one of the members drawn from the slate that obtained the most votes is substituted, his or her place shall be taken by the first of the alternate members drawn from the same slate. In the event that the replacement, if carried out through the above modalities, does not allow to form a Board of Statutory Auditors compliant with the applicable laws on balance between genders, the replacement shall be carried out in favour of the second alternate Statutory Auditor belonging to the same slate. If thereafter it is necessary to replace the other regular Statutory Auditor belonging to the slate which has obtained the highest number of votes, the latter shall in any case be replaced by the alternate Statutory Auditor belonging to the same slate.
25.3 Auditors whose term has expired shall be eligible for re-election.
27.1 Dividends not collected within five years from the day they become payable shall lapse in favor of the Company and be posted directly to reserves.
28.1 Should the Company be dissolved, a Shareholders' Meeting is to determine the liquidation procedures and appoint one or more liquidators, establishing their powers and compensation.
29.1 Any matters not expressly provided for herein shall be governed by the provisions of the Civil Code and applicable statutes.
30.1 The Company is to continue to carry out all the activities that - under legislative decree n. 79 of March 16, 1999, published in the Gazzetta Ufficiale, issue 75 of March 31, 1999 - have been temporarily entrusted to it pending their award to other entities according to the provisions of the legislative decree.
Schedule D
Text approved by the extraordinary Shareholders' Meeting of May 21, 2004, as amended:
| 1.1 | The Company shall be called "ENEL - Società per azioni" and shall be governed |
|---|---|
| by the rules of the present bylaws. |
2.1 The registered office of the Company shall be located in Rome.
3.1 The Company shall exist until December 31, 2100 and its term shall be extendible one or more times by resolution of a Shareholders' Meeting.
f) in the carrying out of activities involving systems and installations design, construction, maintenance and management; the production and sale of equipment; research, consulting and assistance; as well as the acquisition, sale, marketing and trading of goods and services, all activities connected with the sectors mentioned above under a), b), c) and d).
4.2 In the interest of its affiliates or subsidiaries, the Company may also carry out directly any activity connected with or instrumental to its own business or that of its affiliates or subsidiaries themselves.
To this end, the Company shall in particular see to:
4.3 In order to attain its corporate purpose, the Company may also carry out all transactions that are instrumentally necessary or useful or at any rate related, such as, by way of example: the provision of collateral and/or personal guarantees for both its own and third-party commitments; transactions involving movables and real-estate and commercial operations; and anything else that is connected with its corporate purpose or that allows better use of its own facilities and/or resources or those of its affiliates or subsidiaries, with the exception of accepting monetary deposits from the public and providing investment services as defined by legislative decree n. 58 of February 24, 1998, as well as the activities referred to in section 106 of legislative decree n. 385 of September 1, 1993 insofar as they are also exercised vis-à-vis the public.
6.1 Pursuant to section 3 of decree-law n. 332 of May 31, 1994, converted with revisions by Law n. 474 of July 30, 1994, no one, in whatever capacity, may own shares constituting more than 3% of the share capital, subject to the provisions of the law.
This limit on share ownership shall be calculated taking into account the total shareholding of a controlling entity, whether a natural or legal person or corporation; of all directly or indirectly controlled entities, as well as of the entities
under a common control; of affiliates as well as natural persons related by blood or marriage until the second decree, including his or her spouse unless legally separated.
Control shall be deemed to exist, including with regard to persons or entities other than companies, in the cases provided for by section 2359, paragraphs 1 and 2, of the Civil Code. Affiliation shall be deemed to exist in the situations mentioned in section 2359, paragraph 3, of the Civil Code, as well as among persons or entities that, directly or indirectly, through subsidiaries other than investment management companies, enter into agreements - including those with third parties - regarding the exercise of voting rights or the transfer of shares of or interests in other companies, or any other agreements mentioned in section 122 of legislative decree n. 58 of February 24, 1998 with respect to third-party companies in the event that such agreements regard at least 10% of the voting stock if the companies concerned are listed or 20% if the companies concerned are not listed. Calculation of the aforesaid limit on stock ownership (3%) shall also take into account the shares held through fiduciaries and/or nominees, or in general through intermediaries.
Voting rights attributable to shares held in excess of the aforesaid limit may not be exercised and the voting rights of each of the parties concerned by the ownership limit will be reduced pro rata, unless a different prior indication has been jointly given by the shareholders concerned. A resolution passed with the votes of shares held in violation of the limit may be challenged in court under section 2377 of the Civil Code, provided that the resolution would not have been passed without the votes relating to shares held in violation of the limit.
The shares for which voting rights may not be exercised shall be counted, however, for the purpose of determining the quorum at Shareholders' Meetings.
8.1 The issue of bonds shall be resolved by the Directors in accordance with the law.
9.1 Ordinary and extraordinary Shareholders' Meetings shall normally be held in the municipality where the Company's registered office is located. The Board of Directors may determine otherwise, provided the venue is in Italy.
9.2 An ordinary Shareholders' Meeting must be called at least once a year, to approve the financial statements, within one hundred and twenty days after the end of the accounting period, or within one hundred and eighty days, since the Company is obliged to draw up consolidated financial statements, or, in any case, when required by particular needs regarding the structure and the purpose of the Company.
10.1 The right to participate and to vote in Shareholders' Meetings shall be determined by the regulations in force.
11.1 All those entitled to vote may appoint a representative to act in their behalf in Shareholders' Meetings according to the provisions of law by means of a proxy issued in accordance with the procedures provided for by the regulations in force. The proxy may also be reported to the Company electronically by sending it to the special section of the Company's website specified in the notice of the Shareholders' Meeting. The same Meeting notice may also specify, in accordance with the regulations in force, additional ways of reporting the proxy electronically that may be used for the specific Shareholders' Meeting referred to in the aforesaid notice.
In order to facilitate the collection of proxies from the shareholders who are employees of the Company and its subsidiaries and members of shareholder associations satisfying the requirements set by the regulations in force, facilities for communication and for the collection of proxies shall be made available to the aforesaid associations according to the terms and procedures agreed upon each time with their legal representatives.
Each slate must include at least two candidates possessing the requirements of independence established by the law, distinctly mentioning such candidates and listing one of them first on the slate.
Slates which contain a number of candidates equal to or above three shall include candidates belonging to different genders, as indicated in the notice of the meeting, in order to ensure that the composition of the Board of Directors is compliant with the applicable laws on balance between genders.
The slates are to be lodged at the registered office and published in accordance with the regulations in force.
Each shareholder may present or participate in presenting only one slate and each candidate may be presented on only one slate under pain of ineligibility.
Only those shareholders who, alone or together with other shareholders, own the minimum percentage of the share capital established by a regulation of the Consob are entitled to present slates.
The declarations of the individual candidates, in which they accept their candidacies and certify, under their own responsibility, the inexistence of any cause of ineligibility or incompatibility, as well as the satisfaction of the requirements prescribed by applicable law and these bylaws for their respective offices, are to be lodged together with each slate.
The Directors elected must inform the Board of Directors without delay of the loss of the requirements mentioned at the end of the preceding paragraph, as well as of the occurrence of causes of ineligibility or incompatibility.
All those entitled to vote may vote for only one slate.
The procedure for electing the Directors is to be as follows:
In the event that more than one candidate has obtained the same number, the candidate of the slate that has not yet elected a Director or that has elected the fewest Directors shall be appointed Director.
In the event that no Director has been elected yet from any of these slates or that the same number of Directors has been elected from each slate, the candidate of the slate that has obtained the most votes shall be appointed Director. If there is a tie in terms of both numbers assigned and votes obtained by each slate, the entire Shareholders' Meeting shall vote again and the candidate who obtains a simple majority of the votes will be appointed Director;
In case of a tie between quotients, the replacement is made in favour of the candidate drawn from the slate which has obtained the highest number of votes.
If the replacement of the candidate of the most represented gender having the lowest quotient in the ranking list does not allow, in any case, to reach the minimum threshold provided for under the applicable laws on balance between
genders, the above said replacement procedure is carried out also with reference to the candidate belonging to the most represented gender having the second last quotient, and so forth, starting from the end of the ranking list.
The slate-vote mechanism shall apply only when the entire Board of Directors is being elected.
It also constitutes a ground for ineligibility to or disqualification for cause from the office of director, without entitlement to damages, the issue of a judgement of final conviction ascertaining the willful commission of public monetary damage.
is automatically disqualified from office, with cause and without any right to be indemnified, and, as a consequence, his/her relevant delegated powers cease. Similarly, the chief executive officer is disqualified from office if addressed with other kind of precautionary measures that can no longer be appealed, if the Board of Directors believes that such measures make impossible for the chief executive officer to exercise his/her delegated powers.
16.1 The Board shall meet at the place designated in the notice whenever the Chairman or, in case the latter is unavailable, the Deputy Chairman deems necessary. The Board may also be convened in the ways provided for in Article 25.5 of these bylaws.
The Board of Directors must also be convened when at least two Directors – or one if the Board consists of three members – so request in writing to resolve on a specific matter (to be indicated in the aforesaid request) regarding the management of the Company that they consider to be of particular importance.
16.2 Board meetings may also be held by means of telecommunications provided that all the participants can be identified and such identification is acknowledged in the minutes of the meeting, and that they are allowed to follow and participate in real time in the discussion of the matters considered, exchanging documents if need
be; in such case, the meeting of the Board of Directors shall be deemed held in the place where whoever chairs the meeting is and where the Secretary must also be in order to allow the related minutes to be drawn up and signed.
16.3 The Board shall normally be called at least five days before the date on which the meeting is to be held. This period may be shorter in urgent cases. The Board of Directors shall decide the procedures for convening its own meetings.
17.1 Board meetings shall be chaired by the Chairman or, if the latter is absent or detained, by the Deputy Chairman if one has been appointed. If the latter is also absent, they are to be chaired by the oldest Director.
18.1 The quorum for meetings of the Board shall be a majority of the Directors in office. 18.2 Resolutions shall be adopted by an absolute majority of the Directors present; in case of a tie, the vote of the person chairing the meeting shall be decisive.
20.3 Pursuant to the procedure for transactions with related parties adopted by the Company:
a) the ordinary Shareholders' Meeting, pursuant to Article 2364, paragraph 1, subsection 5, of the Civil Code, may authorize the Board of Directors to enter into related parties transactions of major importance, which do not fall within the competence of the Shareholders' Meeting, notwithstanding the negative
opinion of the related parties Committee, provided that, without prejudice to the majorities required by law, bylaws and provisions applicable in cases of conflicts of interest, the Shareholders' Meeting resolves upon also with the favourable vote of at least half of the voting unrelated shareholders. In any case, the entering into of the foregoing transactions is prevented only if the unrelated shareholders attending the Shareholders' Meeting represent at least 10% of the share capital with voting rights;
The executive in charge of preparing the corporate accounting documents must have acquired experience for a total of at least three years in the performance of:
25.1 A Shareholders' Meeting shall elect the Board of Statutory Auditors, which is to be composed of three regular members, and shall determine their compensation. Three alternate members shall also be elected by a Shareholders' Meeting.
The members of the Board of Statutory Auditors must possess the requisites of professionalism and honorableness specified in the Ministry of Justice's decree n. 162 of March 30, 2000. For the purposes of the provisions of section 1, paragraph 2, b) and c) of this decree, the following are considered closely connected with the scope of the Company's business activities: subjects pertaining to commercial law and tax law, business economics and business finance, as well as subjects and fields of activity pertaining to energy in general, communications, telematics and information technology, and network structures.
The composition of the board of statutory auditors, situations of ineligibility and the limits to the number of offices on boards of directors, boards of statutory auditors, and similar bodies that the members of the Board of Statutory Auditors may hold shall be governed by the provisions of the statutes and regulations in force.
25.2 Regular members of the Board of Statutory Auditors and alternate members shall be elected by Shareholders' Meetings on the basis of the slates presented by the shareholders, on which the candidates are to be numbered progressively and their number must not exceed that of the members of the body to be elected.
Only those shareholders who, alone or together with other shareholders, own the minimum percentage of the share capital established by a regulation of the Consob for the presentation of slates of candidates for the election of the Board of Directors are entitled to present slates.
The provisions of law in force shall apply to the presentation, lodgment and publication of the slates.
The slates are to be divided into two sections: one for the candidates for the office of regular auditor and the other for candidates for the office of alternate auditor. The first candidate in each section must be a registered auditor and have practiced the profession of legal auditor for a period of no less than three years.
In compliance with the applicable laws on balance between genders, slates which, taking into account both sections, contain a number of candidates equal to or above three, shall include, both in the first two places of the section of the slate relating to the regular statutory auditors, and in the first two places of the section of the slate relating to the alternate statutory auditors, candidates belonging to different genders.
Two regular members of the Board of Statutory Auditors and two alternate members are to be drawn, in the numerical order in which they were listed in each section, from the slate that has obtained the most votes. The remaining regular member and the remaining alternate are to be elected according to the provisions of law in force and the procedures specified in Article 14.3, b), to be applied separately to each of the sections in which the other slates are divided.
When less than the entire Board is being elected, the Shareholders' Meeting shall resolve according to the majorities provided for by the law, without following the procedure specified above, but in any case in such a way as to ensure that the composition of the Board of Statutory Auditors is in accordance with the provisions of section 1, paragraph 1, of the Ministry of Justice's decree n. 162 of March 30, 2000, as well as with the principle of the representation of minority shareholders and the applicable laws on balance between genders.
The chairmanship of the Board of Statutory Auditors shall fall to the regular Auditor elected according to the procedures specified in Article 14.3, b); in the event the Chairman is substituted, this office shall be filled by the alternate Auditor also elected according to the procedures specified in Article 14.3, b).
In the event that one of the members drawn from the slate that obtained the most votes is substituted, his or her place shall be taken by the first of the alternate members drawn from the same slate. In the event that the replacement, if carried out through the above modalities, does not allow to form a Board of Statutory Auditors compliant with the applicable laws on balance between genders, the replacement shall be carried out in favour of the second alternate Statutory Auditor belonging to the same slate. If thereafter it is necessary to replace the other regular Statutory Auditor belonging to the slate which has obtained the highest number of votes, the latter shall in any case be replaced by the alternate Statutory Auditor belonging to the same slate.
25.3 Auditors whose term has expired shall be eligible for re-election.
27.1 Dividends not collected within five years from the day they become payable shall lapse in favor of the Company and be posted directly to reserves.
28.1 Should the Company be dissolved, a Shareholders' Meeting is to determine the liquidation procedures and appoint one or more liquidators, establishing their powers and compensation.
29.1 Any matters not expressly provided for herein shall be governed by the provisions of the Civil Code and applicable statutes.
30.1 The Company is to continue to carry out all the activities that - under legislative decree n. 79 of March 16, 1999, published in the Gazzetta Ufficiale, issue 75 of March 31, 1999 - have been temporarily entrusted to it pending their award to other entities according to the provisions of the legislative decree.
Financial statements as of September 30, 2015 of Enel Green Power S.p.A.
| Euro | First nine months | ||||
|---|---|---|---|---|---|
| of which with | of which | ||||
| related | with related | ||||
| 2015 | parties | 2014 | parties | ||
| Revenues and income | 3 | ||||
| 640,831,1 | 633,597,54 | ||||
| Revenues from sales and services | 724,843,287 | 97 | 633,396,583 | 1 | |
| 204,638,0 | 239,973,12 | ||||
| Other revenues and income | (Subtota | 224,021,384 | 18 | 343,160,684 976,557,26 |
5 |
| l) | 948,864,671 | 7 | |||
| Costs | 4 | ||||
| 21,903,64 | |||||
| Electricity purchases | 22,065,777 | 9 | 23,148,353 | 23,134,280 | |
| 116,443,5 | |||||
| Services and other materials | 289,893,108 | 18 | 180,374,475 | 91,964,839 | |
| Personnel | 110,374,135 | 111,627,904 | |||
| Depreciation, amortization and impairment losses | 216,681,714 | 205,592,450 | |||
| Other operating expenses | 37,188,511 | 32,685,441 | |||
| (21,573,129 | |||||
| Capitalized costs | (18,178,478) | ) | |||
| (Subtota l) |
658,024,767 | 531,855,49 4 |
|||
| Net income/(expense) from commodity contracts measured at fair value |
5 | (10,524,096) | (10,524, 096) |
66,015,082 | 66,015,08 2 |
| 510,716,85 | |||||
| Operating income | 280,315,808 | 5 | |||
| Income from equity investments | 6 | 8,475,648 | 8,475,648 | 44,208,735 | 44,208,735 |
| (54,136,4 | (8,495,661 | ||||
| Net financial income/(expense) from derivatives | 7 | (54,136,461) | 61) | (8,495,661) | ) |
| Net other financial income /(expense) | 8 | (8,214,369) | 11,717,75 6 |
(79,959,007 ) |
(67,240,19 1) |
| (Subtota | (44,245,93 | ||||
| l) | (53,875,182) | 3) | |||
| 466,470,92 | |||||
| Income before taxes | 226,440,626 | 2 | |||
| (162,576,19 | |||||
| Income Taxes | 9 | (86,773,166) | 5) | ||
| Net Income from continuing operations | 139,667,460 | 303,894,72 7 |
|||
| (4,950,000 | |||||
| Net Income from discontinued operations | - | ) | |||
| 298,944,72 | |||||
| Net Income for the period | 139,667,460 | 7 |
| Euro | Notes | ||||
|---|---|---|---|---|---|
| of which with | of which with | ||||
| ASSETS | as of 30.09.2015 |
related parties |
as of 31.12.2014 |
related parties |
|
| Non-current assets | 10 | ||||
| Properties, plants and equipment | 4,808,240,886 | - | 4,847,103,496 | - | |
| Intangible assets | 22,541,510 | - | 28,125,101 | - | |
| Goodwill | 6,370,310 | - | 6,370,310 | - | |
| Deferred tax assets | 139,687,906 | - | 136,035,609 | - | |
| Equity Investments | 5,328,313,066 | - | 4,592,561,676 | - | |
| Medium/long-term financial receivables and securities |
- | - | - | - | |
| Derivatives | 4,637,456 | 2,071,257 | 2,268,421 | 2,268,421 | |
| Other non-current financial assets | 13,998,133 | 11,673,174 | 27,208,189 | 24,655,532 | |
| Other non-current assets | 9,114,460 | 2,766,078 | 8,690,825 | 2,766,078 | |
| (Total) | 10,332,903,727 | 9,648,363,627 | |||
| Current assets | 11 | ||||
| Inventories | 107,891,623 | - | 89,045,755 | - | |
| Trade receivables | 494,006,034 | 399,202,456 | 358,426,735 | 328,680,940 | |
| Receivables for works in progress on order | - | - | - | - | |
| Tax receivables | 82,866,989 | 64,897,604 | 2,625,243 | 433 | |
| Financial receivables and short-term securities | - | - | - | - | |
| Derivatives | 763,851 | 763,851 | 10,539,952 | 10,539,952 | |
| Other current financial assets | 480,272,106 | 479,993,843 | 792,979,731 | 792,690,078 | |
| Other current assets | 121,804,801 | 74,468,617 | 208,893,324 | 118,238,011 | |
| Cash and cash equivalents | 10,541,459 | - | 19,020,067 | - | |
| (Total) | 1,298,146,863 | 1,481,530,807 | |||
| TOTAL ASSETS | 11,631,050,590 | 11,129,894,434 |
| of which with related |
as of | of which with relaetd |
||
|---|---|---|---|---|
| LIABILITIES AND SHAREHOLDERS'EQUITY | as of 30.09.2015 | parties | 31.12.2014 | parties |
| Share capital | 1,000,000,000 | - | 1,000,000,000 | - |
| Reserves | 4,637,089,228 | - | 4,642,735,941 | - |
| Retained earnings/(loss carried forward) | 1,095,239,874 | - | 824,202,673 | - |
| Net income for the period | 139,667,460 | - | 431,037,201 | - |
| TOTAL SHAREHOLDERS' EQUITY 12 |
6,871,996,562 | 6,897,975,815 | ||
| Non-current liabilities 13 |
||||
| Long-term borrowings | 2,130,286,410 1,420,000,000 | 1,956,298,130 1,200,000,000 | ||
| Post-employment and other employee benefits | 39,559,782 | - | 39,219,189 | - |
| Provisions for risks and charges | 51,033,465 | - | 60,256,528 | - |
| Deferred tax liabilities | 8,172,426 | - | 9,475,171 | - |
| Derivatives | 43,869,873 | 43,869,873 | 51,924,721 | 47,909,736 |
| Other non-current liabilities | 55,179,471 | - | 55,328,890 | - |
| (Total) | 2,328,101,427 | 2,172,502,629 | ||
| Current liabilities 14 |
||||
| 1,923,054,15 | 1,562,406,99 | |||
| Short-term borrowings | 1,923,054,422 | 3 | 1,567,883,542 | 8 |
| Current portion of long-term borrowings | 71,379,939 | - | 55,089,067 | - |
| Current portion of long-term provisions and short term provisions |
8,225,670 | - | 16,251,888 | - |
| Trade payables | 196,630,479 | 110,828,812 | 247,129,469 | 122,259,342 |
| Income tax payables | 85,956,862 | - | 30,844,325 | 30,527,563 |
| Derivatives | 1,238,711 | 1,238,711 | 5,171,413 | 5,171,413 |
| Other current financial liabilities | 53,605,176 | 47,030,328 | 30,202,287 | 27,532,916 |
|---|---|---|---|---|
| Other current liabilities | 90,861,342 | 4,310,850 | 106,843,999 | 5,946,308 |
| (Total) | 2,430,952,601 | 2,059,415,990 | ||
| TOTAL LIABILITIES | 4,759,054,028 | 4,231,918,619 | ||
| 11,129,894,43 | ||||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 11,631,050,590 | 4 |
Enel Green Power SpA, which operates in the production of electricity using renewable sources, has the legal form of joint stock company, with registered office at viale Regina Margherita, 125, Rome.
The Financial Statements of Enel Green Power S.p.A. as of September 30, 2015 were prepared in accordance with the recognition and measurement criteria set forth in international accounting standards (International Accounting Standards – IAS and International Financial Reporting Standards - IFRS) issued by the International Accounting Standards Board (IASB) and the IFRIC and SIC interpretations, recognized in the European Union pursuant to EC regulation no. 1606/2002 in force as of the close of the period.
In particular, such criteria are in line with those adopted for the preparation of the Company's Annual Financial Statement as of December 31, 2014, to which reference is made for an extensive description of the same. It should be noted that the application of the accounting standards which became applicable starting on January 1, 2015 did not have any effect on this Financial Statements.
These Financial Statements are comprised of the Income Statement, the Balance Sheet and related notes the purpose of which is to describe the composition of the main financial statement items as well as the most significant changes that took place over the course of the first nine months of year 2015. The Financial Statements as of September 30, 2015 therefore does not contain all of the information required for the annual Financial Statements and, therefore, must be read in conjunction with the annual Financial Statement as of December 31, 2014. The currency used for the presentation of the financial statements is the Euro, the functional currency of the company, and the amounts set forth in the comments are expressed in Euro millions, except where otherwise indicated. Under the Consob provisions issued on this matter, the Income Statement and the Balance Sheet indicate transactions with related parties, identified in accordance with international accounting standards and the relevant Consob provisions. It should be noted that such transactions are concluded in the Company's interest and are governed at market/arm's length conditions or, in other words, at conditions that would apply between two independent parties.
| Euro millions First nine months |
||||
|---|---|---|---|---|
| 2015 | 2014 | Change | ||
| Energy | 567 | 561 | 6 | |
| Other sales and services | 158 | 72 | 86 | |
| Total | 725 | 633 | 92 |
Revenues from sales and services of Euro 725 million (of which Euro 58 million pertained to Group's foreign companies), show an increase of Euro 92 million compared to the first nine months of 2014 (Euro 633 million, of which Euro 55 million pertained to the Group's foreign companies) mainly due to the increase in Other sales and services of Euro 86 million (of which Euro 3 million pertained to the Group's foreign companies).
| Euro millions | First nine months | ||
|---|---|---|---|
| 2015 | 2014 | Change | |
| Green certificates | 201 | 235 | (34) |
| Other revenues and income | 23 | 108 | (85) |
| Total | 224 | 343 | (119) |
The Other revenues and income of Euro 224 million (of which Euro 3 million pertained to foreign companies of the Group), show a decrease of Euro 119 million compared to the first nine months of 2014 (Euro 343 million, of which Euro 4 million pertained to foreign companies of the Group) as a result of the reduction of green certificates in the amount of Euro 34 million and in the other revenues and income in the amount of Euro 85 million.
| Euro millions | First nine months | ||
|---|---|---|---|
| 2015 | 2014 | Change | |
| Electricity purchases | 22 | 23 | (1) |
| Services and other materials | 290 | 180 | 110 |
| Personnel | 110 | 112 | (2) |
| Depreciation, amortization and impairment losses | 217 | 206 | 11 |
| Other operating expenses | 37 | 33 | 4 |
| Capitalized costs | (18) | (22) | 4 |
| Total | 658 | 532 | 126 |
The costs for the electricity purchases, of Euro 22 million (Euro 23 million in the first nine months of 2014), refer almost entirely to transactions with related parties. In particular, the item includes:
The change reflects essentially the lower costs of dispatch by Terna Spa (Euro 11 million) and the higher costs for the purchase of energy from GME.
The costs for Services and other materials, in the amount of Euro 290 million (Euro 180 million in the first nine months of 2014) refer to costs for services in the amount of Euro 117 million (Euro 106 million in the first nine months of 2014), costs for the purchase of materials in the amount of Euro 129 million (Euro 32 million in the first nine months of 2014), costs for the use of third party assets in the amount of Euro 44 million (Euro 42 million in the first nine months of 2014). The change is mainly attributable to higher costs for the purchase of photovoltaic panels (in the amount of Euro 92 million).
The Personnel, in the amount of Euro 110 million (Euro 112 million in the first nine months of 2014) are substantially in line with those of the corresponding period in the previous year.
Employees as of September 30, 2015 total 2,045 (1,972 as of December 31, 2014), up by 73 units compared to the previous year. The average number as of September 30, 2015 is 2,010 units (1,966 units as of September 30, 2014) up by 44 units. Depreciation, amortization and impairment losses, in the amount of Euro 217 million, are up by Euro 11 million over the corresponding period in the previous year mainly as a result of higher depreciation of tangible assets.
Other operating expenses of Euro 37 million (Euro 33 million in the first nine months of 2014) include mainly the contributions and association quotas mainly related to the amounts paid to Municipalities, Provinces and Regions, where power plants are located, on the basis of specific agreements between the
parties; in particular, they include the contributions paid to the Region of Tuscany in the context of the Voluntary Implementing Agreement of the Protocol of Understanding entered into between Enel and the Region of Tuscany which provides for a contribution by Enel Green Power Spa calculated on the basis of the total production in the previous year in the amount of Euro 22 million (Euro 21 million in the first nine months of 2014) and taxes and duties that include essentially IMU totaling Euro 11 million (Euro 8 million in the first nine months of 2014).
Capitalized Costs, in the amount of Euro 18 million, fall by Euro 4 million with respect to the first nine months of 2014 (Euro 22 million) and refer mainly to the cost of employees dedicated to the planning and construction of plants.
The net income/(expense) from commodity contracts measured at fair value , negative in the amount of Euro 11 million, refer entirely to costs and proceeds on CFH derivative contracts in place with related parties and unwound as of September 30, 2015.
The Income from equity investments, in the amount of Euro 8 million (Euro 44 million in the first nine months of 2014), refer:
with respect to Euro 4 million, to the subsidiary Maicor Wind (unchanged with respect to the first nine months of 2014);
The item registers a decrease in the amount of Euro 36 million compared to the same period in the previous year and relates mainly to dividends of the affiliate LaGeo, which was sold in the fourth quarter of 2014 (Euro 23 million) as well as the dividends of the subsidiaries Enel Green Power Cutro and Enel Green Power Canaro (respectively, Euro 5 million and Euro 1 million) which were merged by incorporation over the course of 2014.
| Euro millions | First nine months | ||
|---|---|---|---|
| 2015 | 2014 | 2015-2014 | |
| Income from derivatives | |||
| Income on trading derivatives and non-IAS hedge derivative | 20 | 2 | 18 |
| Total income from derivatives | 20 | 2 | 18 |
| Expense from derivatives | |||
| Expense on cash flow hedge derivatives | (8) | (8) | - |
| Expense on trading derivatives and non-IAS hedge derivatives | (66) | (2) | (64) |
| Total expense from derivatives | (74) | (10) | (64) |
| Total income/(expense) from derivatives | (54) | (8) | (46) |
The net financial income and costs from derivative contracts, negative in the amount of Euro 54 million, rose by Euro 46 million compared to the first nine months of 2014; the change is attributable to the rise in charges from trading derivatives and non- IAS hedge derivatives, which was partially offset by the rise in financial income from trading derivatives.
| Euro millions | First nine months | |||
|---|---|---|---|---|
| 2015 | 2014 | 2015-2014 | ||
| Foreign exchange gains | 63 | - | 63 | |
| Interest and other income from financial assets | 26 | 17 | 9 | |
| Total financial income | 89 | 17 | 72 | |
| Foreign exchange losses | (11) | - | (11) | |
| Interest and other chargeson financial liabilities | (86) | (97) | 11 | |
| Total financial expense | (97) | (97) | - | |
| Total financial income/(expense) | (8) | (80) | 72 |
Other net financial expense fall by Euro 72 million upon the registration of financial income that increase by Euro 72 million, related to positive foreign exchange differences and interest income accrued over the period.
| Euro millions | First nine months | |||
|---|---|---|---|---|
| 2015 | 2014 | 2015-2014 | ||
| Current taxes | 86 | 166 | (80) | |
| Adjustments for income related to previous years | 4 | (4) | 8 | |
| Deferred tax expense/(income) | (3) | 1 | (4) | |
| Total | 87 | 163 | (76) |
Taxes, in the amount of Euro 87 million, fall by Euro 76 million with respect to the same period in the previous year.
Euro millions
| as of 30.09.2015 | as of 31.12.2014 | Change | |
|---|---|---|---|
| Real estate properties, plants and machinery | 4,808 | 4,847 | (39) |
| Intangible assets | 23 | 28 | (5) |
| Goodwill | 6 | 6 | - |
| Deferred tax assets | 140 | 136 | 4 |
| Equity Investments | 5,328 | 4,593 | 735 |
| Derivatives | 5 | 2 | 3 |
| Other non-current financial assets | 14 | 27 | (13) |
| Other non-current assets | 9 | 9 | - |
| Total | 10,333 | 9,648 | 685 |
Non-current assets rise by Euro 685 million compared to the figure as of December 31, 2014. Such trend was caused essentially by the rise in equity investments by Euro 735 million, partially offset by the decrease property, plants and equipment by Euro 39 million and the decrease in other non-current financial assets.
Over the course of the first nine months of 2015, the value of equity investments rose mainly as the result of the following phenomena:
Euro millions
| Inventories | 108 | 89 | 19 |
|---|---|---|---|
| Trade Receivables | 494 | 358 | 136 |
| Tax receivables | 83 | 3 | 80 |
| Derivatives | 1 | 11 | (10) |
| Other current financial assets | 480 | 793 | (313) |
| Other current assets | 122 | 209 | (87) |
| Cash and cash equivalents | 10 | 19 | (9) |
| Total | 1,298 | 1,482 | (184) |
The current assets show, compared to December 31, 2014, a decrease of Euro 184 million that is mainly attributable to the fall in other current financial assets (Euro 313 million) and other current assets (Euro 87 million) which effect is partially offset by the rise in trade receivables (Euro 136 million) and receivables for income taxes (Euro 80 million).
The Shareholders' Equity of Euro 6,872 million (Euro 6,898 million as of December 31, 2014) is comprised of share capital (Euro 1,000 million), the legal reserve (Euro 200 million), other reserves (Euro 4,437 million), earnings carried forward (Euro 1,095 million) as well as earnings registered in the first nine months of 2015 (Euro 140 million).
The change in Shareholders' Equity with respect to the previous year mainly reflects the entry of income for the period (Euro 140 million) and the distribution of dividends for year 2014 (Euro 160 million).
Euro millions
| as of 30.09.2015 | as of 31.12.2014 | Change | |
|---|---|---|---|
| Long-term borrowings | 2,130 | 1,956 | 174 |
| Post-employment and other employee benefits | 40 | 39 | 1 |
| Provisions for risks and charges | 51 | 60 | (9) |
| Deferred tax liabilities | 8 | 9 | (1) |
|---|---|---|---|
| Derivatives | 44 | 52 | (8) |
| Other non-current liabilities | 55 | 55 | - |
| Total | 2,328 | 2,171 | 157 |
Non-current liabilities register, compared to December 31, 2014, an increase of Euro 157 million mainly related to the increase in long-term borrowings (Euro 174 million) partially offset by the decrease in the provisions for risks and charges (Euro 9 million) and the decline in liabilities related to derivative instruments (Euro 8 million).
Long-term borrowings, up by Euro 174 million, mainly relate to the borrowings disbursed to the subsidiary 3Sun Srl.
Euro millions as of 30.09.2015 as of 31.12.2014 Change Short-term borrowings 1,923 1,568 355 Current portion of long-term borrowings 71 55 16 Current portion of long-term provisions and short-term provisions 8 16 (8) Trade payables 197 247 (50) Income tax payables 86 31 55 Derivatives 1 5 (4) Other current financial liabilities 54 30 24 Other current liabilities 91 107 (16) Total 2,431 2,059 372
Current liabilities show, compared to December 31, 2014, an upward change of Euro 372 million attributable essentially to the rise in short-term borrowings (Euro 335 million) and income tax payables (Euro 55 million), partially offset by a decrease in trade payables (Euro 50 million) and other current liabilities (Euro 16 million).
Short-term Borrowings register an increase of Euro 355 million with respect to December 31, 2014, mainly as the result of an increase in the debt exposure toward the Parent Company Enel SpA and toward the Italian development companies (Euro 410 million), which effect was partially offset by a reduction in the debt position with the Parent Company's financial company Enel Finance International (Euro 200 million).
Income tax payables show an increase of Euro 55 million compared to December 31, 2014, as a result of the entry of estimated income taxes for the period.
Set forth below is the net financial position of Enel Green Power Spa as of September 30, 2015 and as of December 31, 2014 in line with the CONSOB instructions dated July 28, 2006, reconciled with the net financial indebtedness as provided for in the presentation methods of Enel Green Power:
| Euro millions | ||
|---|---|---|
| as of September 30, 2015 | as of December 31, 2014 | |
| Liquidity | 10 | 19 |
| Short-term financial receivables | 478 | 791 |
| Short-term portion of non-current financial debts | (71) | (55) |
| Other short-term financial payables | (1,923) | (1,568) |
| Short-term financial debts | (1,994) | (1,623) |
| Net current financial position | (1,506) | (813) |
| Non-current bank debt | (710) | (756) |
| Other non-current debts | (1,420) | (1,200) |
| Non-current financial debt | (2,130) | (1,956) |
| Non-current financial position | (2,130) | (1,956) |
| NET FINANCIAL POSITION as per CONSOB instructions | (3,636) | (2,769) |
| Long-term financial receivables | 14 | 27 |
| NET FINANCIAL DEBT | (3,622) | (2,742) |
Financial statements as of September 30, 2015
of Enel SpA
| Euro | Notes | ||||
|---|---|---|---|---|---|
| 2015 | 2014 | ||||
| of which with related parties |
of which with related parties |
||||
| Revenues | |||||
| Revenues from services | 3.a | 165,269,100 | 165,543,737 | 194,693,378 | 194,687,645 |
| Other revenues and income | 3.b | 3,084,443 | 2,349,521 | 4,105,443 | 3,714,000 |
| (Subtotal) | 168,353,543 | 198,798,821 | |||
| Costs | |||||
| Purchases of consumables | 4.a | 1,070,152 | 801,938 | ||
| Leases and rentals | 4.b | 112,513,109 | 44,982,817 | 125,536,464 | 49,290,336 |
| Personnel | 4.c | 113,733,823 | 86,927,555 | ||
| Depreciation, amortization and impairment losses |
4.d | 6,315,935 | 6,213,122 | ||
| Other operating expenses | 4.e | 15,397,914 | 72,825 | 13,467,341 | 88,479 |
| (Subtotal) | 249,030,933 | 232,946,420 | |||
| Operating income | (80,677,390) | (34,147,599) | |||
| Income from equity investments | 5 | 1,545,362,247 | 1,545,362,247 | 1,818,272,847 | 1,818,272,847 |
| Financial income from derivatives | 6 | 2,733,042,814 | 399,269,721 | 1,715,576,800 | 321,363,910 |
| Other financial income | 6 | 126,261,740 | 115,709,975 | 177,177,316 | 152,622,507 |
| Financial expensefrom derivative | 6 | 2,461,899,727 | 1,888,810,253 | 1,493,641,439 | 873,828,812 |
| Other financial expense | 6 | 957,431,431 | 1,370,120 | 1,119,667,345 | 2,639,873 |
| (Subtotal) | 985,335,643 | 1,097,718,179 | |||
| Income before tax | 904,658,253 | 1,063,570,580 | |||
| Income taxes | 7 | (161,359,518) | (111,503,727) | ||
| EARNINGS FOR THE PERIOD | 1,066,017,771 | 1,175,074,307 |
| Euro | Notes | ||||
|---|---|---|---|---|---|
| ASSETS | as of 30.09.2015 | as of 31.12.2014 | |||
| of which with related parties |
of which with related parties |
||||
| Non-current assets | 8 | ||||
| Property, plant and equipment | 5,863,673 | 7,795,187 | |||
| Intangible assets | 8,280,027 | 11,405,854 | |||
| Deferred tax assets | 410,758,825 | 382,572,824 | |||
| Equity investments | 38,755,868,086 | 38,754,068,086 | |||
| Derivatives | 2,477,515,892 | 342,175,546 | 1,979,171,296 | 818,817,602 | |
| Other non-current financial assets | 141,854,808 | 104,331,524 | 146,490,819 | 116,989,366 | |
| Other non-current assets | 445,351,976 | 163,767,000 | 466,782,285 | 176,864,784 | |
| (Total) | 42,245,493,287 | 41,748,286,351 | |||
| Current assets | 9 | ||||
| Trade receivables | 215,645,669 | 210,618,032 | 131,944,125 | 126,901,064 | |
| Tax receivables | 280,318,472 | 624,614,245 | |||
| Derivatives | 297,163,865 | 28,271,036 | 280,273,785 | 50,482,464 | |
| Other current financial assets | 5,165,064,056 | 4,868,046,722 | 5,040,376,082 | 4,222,947,341 | |
| Other current assets | 314.901,999 | 176,591,651 | 243,507,371 | 208,144,734 | |
| Cash and cash equivalent | 3,946,564,124 | 6,972,042,465 | |||
| (Total) | 10,219,658,185 | 13,292,758,073 | |||
| TOTAL ASSETS | 52,465,151,472 | 55,041,044,424 |
| Euro Notes |
||||
|---|---|---|---|---|
| LIABILITIES AND SHAREHOLDERS' EQUITY | as of 30.09.2015 | as of 31.12.2014 | ||
| of which with related parties |
of which with related parties |
|||
| Shareholders' equity | ||||
| Share capital | 9,403,357,795 | 9,403,357,795 | ||
| Reserves | 9,197,808,130 | 9,113,576,853 | ||
| Retained earnings (loss carried forward) | 5,303,025,796 | 6,061,293,373 | ||
| Profit for the period | 1,066,017,771 | 558,202,514 | ||
| TOTAL SHARHEOLDERS' EQUITY 10 |
24,970,209,492 | 25,136,430,535 | ||
| Non-current liabilities 11 |
||||
| Long-term borrowings | 14,489,275,811 | 17,287,754,222 | ||
| Post-employment and other employee benefits | 295,989,750 | 301,792,836 | ||
| Provisions for risks and charges | 16,194,318 | 16,242,515 | ||
| Deferred tax liabilities | 329,905,627 | 251,979,935 | ||
| Derivatives | 2,622,963,249 | 1,214,145,628 | 2,483,607,608 | 469,314,078 |
| Other non-current liabilities | 286,974,758 | 286,925,885 | 286,974,494 | 286,925,885 |
| (Subtotal) 18,041,303,513 | 20,628,351,610 | |||
| Current liabilities 12 |
||||
| Short-term borrowings | 4,690,069,324 | 2,995,275,040 | 4,745,815,1064,319,403,537 | |
| Current portion of long-term borrowing | 3,057,820,092 | 2,362,593,688 | ||
| Trade payables | 117,429,529 | 41,818,689 | 138,773,087 | 54,531,005 |
| Derivatives | 369,440,198 | 273,451,184 | 359,151,436 | 233,714,323 |
| Other current financial liabilities | 466,021,583 | 64,919,337 | 694,402,099 | 54,139,432 |
| Other current liabilities | 752,857,741 | 576,783,321 | 975,526,863 | 396,492,507 |
| (Subtotal) | 9,453,638,467 | 9,276,262,279 | ||
| TOTAL LIABILITIES | 27,494,941,980 | 29,904,613,889 | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 52,465,151,472 | 55,041,044,424 |
Enel SpA which operates in the electricity and gas sector, is organized under the legal form of joint stock company and has its registered office at viale Regina Margherita 137, Rome.
Enel SpA, in its role as industrial holding company, defines the strategic objectives at the Group level and that of its subsidiaries and coordinates their business operations. The activities which Enel SpA, in its role as entity that provides guidance and coordination, provides to the other companies of the Group, may be summarized as follows:
In the context of the Group, Enel SpA performs, directly and through its subsidiary Enel Finance International NV, the function of centralized treasury (with the exception of the Endesa Group) ensuring access to the money and capital markets. Moreover, the company provides, directly and through its subsidiary Enel Insurance NV, coverage for insurance risks.
This Financial Statement of Enel SpA as of September 30, 2015 was drafted in accordance with the determination and measurement criteria set forth in international accounting standards (International Accounting Standards – IAS and International Financial Reporting Standards - IFRS) issued by the International Accounting Standards Board (IASB) and the IFRIC and SIC interpretations, recognized in the European Union pursuant to EC regulation no. 1606/2002 in force as of the close of the period.
In particular, such criteria are in line with those adopted for the preparation of the Company's Annual Financial Statement as of December 31, 2014, to which reference is made for an extensive description of the same. It should be noted that the application of the accounting standards which became applicable starting on January 1, 2015 did not have any effect on this Financial Statement.
This Financial Statement is comprised of the Income Statement, the Balance Sheet (Accounting prospectuses) and explanatory notes the purpose of which is to describe the composition of the main financial statement items as well as the most significant changes that took place over the course of the first nine months of year 2015. The Financial Statement as of September 30, 2015 therefore does not contain all of the information required for the annual Financial Statement and, therefore, must be read in conjunction with the annual Financial Statement as of December 31, 2014.
The currency used for the presentation of the financial data is the Euro, the functional currency of the company, and the amounts set forth in the comments are expressed in Euro millions, except where otherwise indicated.
Under the Consob provisions issued on this matter, the Income Statement and the Balance Sheet indicate transactions with related parties, identified in accordance with international accounting standards and the relevant Consob provisions. It should be noted that such transactions are concluded in the Company's interest and are governed at market/arm's length conditions or, in other words, at conditions that would apply between two independent parties.
Revenues
The "Revenues from services" are comprised as follows:
| Euro millions | First nine months | |||||
|---|---|---|---|---|---|---|
| 2015 | 2014 | 2015-2014 | ||||
| Services | ||||||
| Group companies | 165 | 195 | (30) | |||
| Third parties | - | - | - | |||
| Total revenues from sales and services | 165 | 195 | (30) |
Revenues for the sale and services as of September 30, 2015 total Euro 165 millions and refer exclusively:
With respect to the same period in the previous year, revenues from the sale and services, which are affected by the new organizational structure adopted by the Group and the Parent Company's new remuneration model, have fallen by Euro 30 million.
The other revenues and income, totaling Euro 3 million, refer essentially to seconded personnel and, compared to the first nine months of 2014, have declined by Euro 1 million.
Costs for "Purchases of consumables" totaling Euro 1 million in 2015, refer to the purchase from third party suppliers of various types of consumables.
Costs for "Services, leases and rentals" are comprised as follows.
| Euro millions | First nine months | ||||
|---|---|---|---|---|---|
| 2015 2014 2015-2014 |
|||||
| Services | 101 | 111 | (10) | ||
| Leases and rentals | 12 | 15 | (3) | ||
| Total services, leases and rentals | 113 | 126 | (13) |
The "Services", totaling Euro 101 million, refer to services rendered by third parties in the amount of 66 Euro million (75 Euro millions in the first nine months of 2014) and by companies of the Group totaling 35 Euro million (36 Euro million in the first nine months of 2014).
In particular, the decrease in costs for services rendered by third party companies, in the amount of Euro 9 million, is attributable to the decrease in advertising, propaganda and press expenses, resulting from the new organizational structure implemented by the Group, which entailed the transfer of a portion of communication activities from the Holding to the Countries.
The decline in costs for services rendered by companies of the Group, totaling Euro 1 million, is attributable essentially to the decrease in both costs of personnel seconded from the various companies of the Group and costs for "miscellaneous services" provided by a number of subsidiaries, in part offset by the higher costs for information technologies services supplied by the subsidiary Enel Italia Srl.
The "Leases and rentals" amount to Euro 12 million and have decreased by Euro 3 million compared to the previous period; the change is attributable essentially to the lower costs for rentals and leases of real estate properties owned by the subsidiary Enel Italia Srl.
The cost of labor totals Euro 114 million, up by Euro 27 million compared to the same period in the previous year, attributable essentially to the rise in the item "Wages and salaries" and the related social costs (Euro 4 million), as well as the rise in costs related to the Long Term Incentive plan (Euro 5 million). It should also be noted that the average number of employees rose by 313 units as a result of the new organizational structure adopted by the Group.
| Euro millions | First nine months | |||||
|---|---|---|---|---|---|---|
| 2015 | 2014 | 2015-2014 | ||||
| Wages and salaries | 69 | 51 | 18 | |||
| Social security costs | 21 | 19 | 2 | |||
| Post-employment benefits | 5 | 3 | 2 | |||
| Other costs and other incentive plans | 19 | 14 | 5 | |||
| Total | 114 | 87 | 27 |
The item "Depreciation, amortization and impairment losses" totaling Euro 6 million in 2015 is comprised exclusively of amortizations of properties, plants and equipment and intangible assets and is unchanged compared to the same period of the previous year.
The other operating costs, totaling Euro 15 millions, show an increase of Euro 2 million attributable essentially to lower releases (Euro 5 million), compared to 2014, of the fund for litigation, in part offset by the decline (Euro 4 million) in other operating costs related to non-recurring cost items that arose in the same period the previous year.
The operating income is negative in the amount of Euro 81 million and, compared to the same period the previous year, has worsened by Euro 47 million attributable essentially to the joint effect of lower revenues from the supply of services rendered to the companies of the Group, greater costs of personnel and the decrease in costs for the leases and rentals.
Income from equity investments, in the amount of Euro 1,545 million, refer to dividends approved by resolution by the Shareholders' Meetings of the subsidiaries and affiliates in the amount of Euro 1,544.7 million and the other companies in which equity stakes are held in the amount of 0.7 Euro millions.
| Euro millions | First nine months | |||||
|---|---|---|---|---|---|---|
| 2015 | 2014 | 2015-2014 | ||||
| Dividends from subsidiaries and affiliates: | 1,544 | 1,818 | (274) | |||
| Enel Produzione SpA | - | 223 | (223) | |||
| Enel Distribuzione SpA | 1,245 | 1,373 | (128) | |||
| Enelpower SpA | - | 1 | (1) | |||
| Enel Factor SpA | - | 3 | (3) | |||
| Enel Italia Srl | 9 | 7 | 2 | |||
| Enel Energia SpA | 159 | 143 | ||||
| Enel Servizio Elettrico SpA | - | 85 | (85) | |||
| Enel Green Power SpA | 109 | 109 | - | |||
| Enel Iberoamérica SL | 21 | - | 21 | |||
| CESI SpA | 1 | 1 | - | |||
| Dividends from other entities: | 1 | - | 1 | |||
| Emittenti Titoli SpA | 1 | - | 1 | |||
| TOTAL PROCEEDS FROM SHAREHOLDINGS | 1,545 | 1,818 | (273) |
Net financial costs are summarized below:
| Euro millions | First nine months | ||
|---|---|---|---|
| 2015 | 2014 | 2015-2014 | |
| Financial income | |||
| interest and other income from non-current financial assets | 4 | 4 | - |
| interest and other income from current financial assets | 116 | 158 | (42) |
| interest income and other income collected | 6 | 6 | - |
| positive exchange rate differences | 4 | 9 | (5) |
| Income from derivatives | 2,730 | 1,716 | 1,014 |
| income from derivatives related to the Group | 2,350 | 1,325 | 1,025 |
| income from derivatives related to Enel SpA | 380 | 391 | (11) |
| Total income | 2,860 | 1,893 | 967 |
| Financial costs | |||
| interest and other costs on financial debts | (722) | (787) | 65 |
| negative exchange rate differences | (230) | (262) | 32 |
| Accretion of post-employment and other employee benefit and other funds | (4) | (7) | 3 |
| other interest paid and costs | (2) | (55) | 53 |
| write-down of financial assets | 1 | (9) | 10 |
|---|---|---|---|
| costs of derivative instruments | (2,462) | (1,494) | (968) |
| costs of derivatives related to the Group | (2,361) | (1,336) | (1,025) |
| Costs of derivatives related to Enel SpA | (101) | (158) | 57 |
| Total costs | (3,419) | (2,614) | (805) |
| TOTAL NET FINANCIAL INCOME/(COSTS) | (559) | (721) | 162 |
The net financial costs, totaling Euro 559 million, reflect essentially the interest paid on the financial indebtedness (Euro 722 million) offset by net proceeds on derivative instruments hedging interest rates (Euro 43 millions) and interest earned and other income from financial assets (totaling Euro 120 million).
The decrease in net financial costs compared to the same period in the previous year, totaling Euro 162 million, was generated essentially by the lower interest on financial debts (Euro 65 million), the positive net change related to transactions in derivative instruments related to Enel SpA (Euro 46 million), and the decrease in other interest payable and costs (Euro 53 million).
The income taxes accrued as of September 30, 2015 are positive in the amount of Euro 161 million and are attributable to the balance of the economic items that are relevant for tax purposes.
Non-current assets rise by Euro 497 million compared to the value registered as of December 31, 2014. Such trend is essentially attributable to the rise in the item "Derivatives" (Euro 498 million) due to the valuation as of September 30, 2015 of financial derivative contracts (comprised of derivatives on interest rates in the amount of Euro 450 million and on exchange rates in the amount of Euro 2,027 million).
Set forth below are the changes in the equity investments over the course of 2015:
| Euro millions | Original cost |
(Write downs) / appreciations |
Other changes - IFRIC 11 and IFRS 2 |
Book value |
Quota held % |
Contributions to capital account and to cover losses |
Original cost |
(Write downs)/ Appreciations |
Other changes - IFRIC 11 and IFRS 2 |
Book value |
Quota held % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| as of 31.12.2014 | Changes in 2015 | as of 30.09.2015 | |||||||||
| A) Subsidiaries | |||||||||||
| Enel Produzione SpA | 4,892 | (512) | 4 | 4,384 | 100.0 | - | 4,892 | (512) | 4 | 4,384 | 100.0 |
| Enel Ingegneria e Ricerca SpA | 46 | (19) | 1 | 28 | 100.0 | - | 46 | (19) | 1 | 28 | 100.0 |
| Enel Distribuzione SpA | 4,054 | - | 2 | 4,056 | 100.0 | - | 4,054 | - | 2 | 4,056 | 100.0 |
| Enel Servizio Elettrico SpA | 110 | - | - | 110 | 100.0 | - | 110 | - | - | 110 | 100.0 |
| Enel Trade SpA | 901 | - | 1 | 902 | 100.0 | - | 901 | - | 1 | 902 | 100.0 |
| Enel Green Power SpA | 3,640 | - | 2 | 3,642 | 68.3 | - | 3,640 | - | 2 | 3,642 | 68.3 |
| Enel Investment Holding BV | 8,498 | (4,473) | - | 4,025 | 100.0 | - | 8,498 | (4,473) | - | 4,025 | 100.0 |
| Enelpower SpA | 189 | (159) | - | 30 | 100.0 | - | 189 | (159) | - | 30 | 100.0 |
| Enel Energia SpA | 1,321 | (8) | - | 1,313 | 100.0 | - | 1,321 | (8) | - | 1,313 | 100.0 |
| Enel Iberoamérica SL | 18,300 | - | - | 18,300 | 100.0 | - | 18,300 | - | - | 18,300 | 100.0 |
| Enel.Factor SpA | 18 | - | - | 18 | 100.0 | - | 18 | - | - | 18 | 100.0 |
| Enel Sole Srl | 5 | - | - | 5 | 100.0 | - | 5 | - | - | 5 | 100.0 |
| Enel Italia Srl | 525 | (41) | 3 | 487 | 100.0 | - | 525 | (41) | 3 | 487 | 100.0 |
| Enel.NewHydro Srl | 70 | (54) | - | 16 | 100.0 | - | 70 | (54) | - | 16 | 100.0 |
| Enel Finance International NV | 1,414 | - | - | 1,414 | 100.0 | - | 1,414 | - | - | 1,414 | 100.0 |
| Enel Oil & Gas SpA | - | - | - | - | - | 2 | 2 | - | - | 2 | 100.0 |
| Total subsidiaries | 43,983 | (5,266) | 13 | 38,730 | 2 | 43,985 | (5,266) | 13 | 38,732 | ||
| C) Associates | |||||||||||
| CESI SpA | 23 | - | - | 23 | 42.7 | - | 23 | - | - | 23 | 42.7 |
| Total Associates | 23 | - | - | 23 | - | 23 | - | - | 23 | ||
| D) Other companies | |||||||||||
| Elcogas SA | 5 | (5) | - | - | 4.3 | - | 5 | (5) | - | - | 4.3 |
| Emittenti Titoli SpA | 1 | - | - | 1 | 10.0 | - | 1 | - | - | 1 | 10.0 |
| Idrosicilia SpA | - | - | - | - | 1.0 | - | - | - | - | - | 1.0 |
| Total other companies | 6 | (5) | - | 1 | - | 6 | (5) | - | 1 |
| TOTAL EQUITY INVESTMENTS | 44,012 | (5,271) | 13 38,754 |
2 | 44,014 | (5,271) | 13 | 38,756 | |
|---|---|---|---|---|---|---|---|---|---|
| -------------------------- | -------- | --------- | -------------- | --- | -------- | --------- | ---- | -------- | -- |
Over the course of 2015, the value of investments in subsidiaries, associates and other companies rose, following the recapitalization of the company Enel Oil & Gas SpA which took place in January, in the amount of Euro 2 million applied by the latter to increase the item "Other reserves" of the shareholders' equity that was necessary for the same in order to meet its operating and financial requirements.
The current assets show, compared to December 31, 2014, a decline of Euro 3,073 million attributable mainly to the decrease in available liquidity (Euro 3,025 million). Reference is made to the comments on the net financial position as regards such latter change.
Shareholders' equity totals Euro 24,970 million and is down by Euro 166 million compared to December 31, 2014. Such change is attributable to the distribution of the dividend for year 2014 in the amount of Euro 0.14 per share (totaling Euro 1,316 million), as approved by the Shareholders' Meeting held on May 28, 2015, as well as the total earnings entered in the first nine months of 2015 (Euro 1,150 million).
11. Non-current liabilities - Euro 18,041 million
Non-current liabilities show, compared to December 31, 2014, a decline of Euro 2,588 million attributable mainly to the decrease in long-term borrowings (Euro 2,799 million), as a result of the redemption, in the first quarter of year 2015, of two retail debenture borrowings in the amount of Euro 2,300 million, partially offset by the increase in the item "Derivatives" (Euro 139 million) attributable to the valuation as of September 30, 2015 of the financial derivative contracts (comprised of derivatives on interest rates in the amount of Euro 568 million and on exchange rates in the amount of Euro 2,055 million).
Current liabilities show, compared to December 31, 2014, an upward change of Euro 178 million attributable essentially to the increase in current portion of longterm borrowing (Euro 695 million), partially offset by the decline in "other current financial liabilities" resulting from lower interest accruals on debenture borrowing (Euro 243 million) and the decrease in the other current liabilities (Euro 222 million).
Set forth below is a summary of Enel SpA's net financial position as of September 30, 2015, as compared with the situation determined as of December 31, 2014, in line with the CONSOB provisions dated July 28, 2006:
Euro millions
| as of 30.09.2015 | as of 31.12.2014 | |||
|---|---|---|---|---|
| of which with related parties |
of which with related parties |
|||
| Bank and post office deposits | 3,947 | 6,972 | ||
| Liquidity | 3,947 | 6,972 | ||
| Current financial receivables | 4,901 | 4,723 | 4,693 | 4,018 |
| Short-term bank debt | (16) | (3) | ||
| Short-term portion of long-term bank debt | (3,058) | (2,363) | ||
| Other short-term financial payables | (4,676) | (2,995) | (4,743) | (4,320) |
| Short-term financial debts | (7,750) | (7,109) | ||
| Net short-term financial position | 1,098 | 4,556 | ||
| Bonds | (14,489) | (17,288) | ||
| Long-term borrowings | (14,489) | (17,288) | ||
| Long-term financial position | (14,489) | (17,288) | ||
| NET FINANCIAL POSITION as per CONSOB instructions | (13,391) | (12,732) | ||
| Long-term financial receivables | 108 | 104 | 121 | 117 |
| NET FINANCIAL DEBT | (13,283) | (12,611) |
Enel SpA's net financial debt as of September 30, 2015 totals Euro 13,283 million and shows an increase of Euro 672 million.
The main transactions concluded in 2015, which impacted upon net financial debt
were:
It should be noted that the cash, totaling Euro 3,947 million, shows, compared to December 31, 2014, a decrease totaling Euro 3,025 million, due mainly to the reimbursement of the above-mentioned borrowings, the increase in the net shortterm creditor position on intercompany bank accounts in place with the Companies of the Group totaling Euro 1,516 million, higher Cash Collateral received in the amount of Euro 1,256 million for dealings in over-the-counter derivative contracts on interest rates and exchange rates.
Detailed description of the balance sheet items to be assigned to the beneficiary company
| ASSETS | Amounts in Euro |
LIABILITIES | Amounts in Euro |
|---|---|---|---|
| Non-current assets Deferred tax assets Equity Investments Other non-current financial assets |
115,865 4,458,392,567 40,570 |
Shareholders' Equity | 3,664,162,218 |
| Total non-current assets | 4,458,549,002 | ||
| Non-current liabilities Long-term borrowings Post-employment and other employee benefits Deferred tax liabilities Total non-current liabilities |
1,200,000,000 223,394 4,617 1,200,228,011 |
||
| Current assets Other current financial assets Other current assets Total current assets |
436,503,629 1,377 436,505,006 |
Current liabilities Derivatives Other current financial liabilities Other current liabilities Total current liabilities |
125,450 30,241,000 297,329 30,663,779 |
| TOTAL ASSETS | 4,895,054,008 | TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
4,895,054,008 |
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
It should be noted that the deferred taxes are calculated on the temporary differences between the balance sheet items registered in the financial statement and the corresponding amounts recognized for tax purposes, applying the tax rate in force as of the date on which the temporary difference will emerge, determined on the basis of the tax rates provided under rulings in force or substantially in force as of the reference date.
The deferred tax assets are registered when their recovery is likely and, in other words, when it is envisaged that in the future taxable income may become available that is sufficient for purposes of recovering the asset.
The item includes mainly the taxes set aside for provisions not deducted from the funds related to employee benefits.
The following table sets forth the details on the deferred tax assets:
Amounts in Euro
| Taxable base | Tax rate % | Amounts | |
|---|---|---|---|
| Extra-month's pay (IMA) provision | 7,246 | 32.16% | 2,330 |
| Allowance in lieu of notice (ISP) | 2,343 | 32.16% | 753 |
| Loyalty Bonus (PDF) | 25,567 | 32.16% | 8,222 |
| ASEM medical care | 132,236 | 32.16% | 42,527 |
| Fopen | (312) | 32.16% | (100) |
| Post-employment benefit | 1,716 | 32.16% | 552 |
| MBO | 191,480 | 32.16% | 61,580 |
4
The item is included in point 1 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan
The item in question includes the shareholding of 100% of the share capital of the subsidiary Enel Green Power International BV (hereinafter, EGPI BV) a company organized under Dutch law, the holding of a number of foreign shareholdings of Enel Green Power Spa.
It should be noted that the term "subsidiary companies" refers to all companies over which Enel Green Power Spa holds control. The control is obtained when the company is exposed, or is entitled to variable returns deriving from the relationship with the subsidiary/affiliate and has the capacity, through the exercise of its power over the subsidiary/affiliate, to influence its performance/returns. The power is defined as the current capacity to direct the significant/core business operations of the subsidiary/affiliate by virtue of existing substantive rights.
Equity Investments in subsidiaries are assessed at cost of purchase. Such cost includes the fair value attributed at the time of determination of possible components (contingent considerations). Any subsequent changes in fair value and in such components are applied to the Income Statement. The cost is adjusted to reflect any losses in value; such losses are later restored if the conditions giving rise to them cease to exist; the restoration of value cannot exceed the original cost.
Over the course of 2015, Enel Green Power Spa proceeded to recapitalize its subsidiary Enel Green Power International BV (EGPI BV), in a total amount of Euro 274 million to be registered in the share premium reserve of EGPI BV, as follows:
The list of equity investments held directly and indirectly by Enel Green Power International BV as of September 30, 2015 is that set forth in sub-schedule 1 "Equity Investments".
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The item includes the receivables for loans to employees that were disbursed for the purchase of their first home or for family needs and are reimbursed by the employees in accordance with pre-established amortization plans.
The item is included in point 2 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The item refers to the short-term financial receivable and the related assetside accrual owed by the company Enel Green Power North America Ltd. in connection with a financial restructuring transaction concluded in 2014; exchange rate risk related to such financial receivable is hedged through a "currency forward" contract.
Such assets are initially entered at fair value, possibly adjusted to reflect transaction costs and, later, entered at amortized cost on the basis of the actual interest rate, adjusted to reflect any losses in value. Such reductions in value are determined as the difference between the book value and the current value of future cash flows, discounted at the original actual interest rate. In the case of renegotiated financial assets, the losses in value are determined using the original actual interest rate prior to the change in conditions. The receivable in question derives from the financial restructuring of the North American companies Enel Green Power North America Inc. (EGP NA) and Enel Green Power North America Development LLC (EGP NAD), directly and wholly controlled by Enel Green Power International BV (EGPI BV).
Such transaction was concluded in year 2014 by converting a portion of the net shareholders' equity of the two North American companies into debt, using mainly the short-term credit line disbursed by Enel Green Power Spa (through the execution of two loan agreements for the loan to EGP North America and EGP North America Development fora total of Euro 535 million as of December 31, 2013). In particular, such transaction gave rise to, on December 31, 2014:
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The item includes essentially the prepaid expenses related to the fourteenth month pay and the disbursements made, on the basis of company agreements, to entities that provide assistance services to the personnel.
The item is included in point 3 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The item is comprised entirely of the long-term credit line with Enel Green Power International BV.
It should be noted that the financial liabilities other than derivative instruments are registered when the Company becomes party to the contractual clauses of the instrument and are assessed initially at fair value net of directly attributable transaction costs. Subsequently, financial liabilities are measured at amortized cost, using the effective interest rate method.
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The liability related to benefits granted to employees and disbursed at the same time or after the cessation of the employment relationship under defined benefits plans or other long-term benefits accrued during the employment period, separately for each plan, on the basis of actuarial assumptions, estimating the amount of future benefits that the employees have accrued as of the reference date (the projected unit credit method). More specifically, the present value of defined benefits plans is calculated using a discount rate determinate on the basis of market yields at the end of the reporting period on high-quality corporate boards. The liability is determined by accrual throughout the period
in which the right accrues. The valuation of the liability is performed by independent actuaries.
If the assets to be used to service the plan exceed the current value of the related liability for defined benefits, the surplus is entered as assets (subject to the relevant cap, if any).
With reference to the liabilities (assets)related to defined benefits plans, the actuarial earnings and losses deriving from the actuarial valuation of the liabilities, the return on the assets dedicated to service the plan (net of the associated interest earned) and the effect of the asset ceiling – (net of the related interest earned) are entered as part of the other comprehensive income (OCI), when they arise. For the other long-term benefits, the related actuarial earnings and losses are entered in the income statement.
In the event of a change to the benefits plan or introduction of a new plan, any social security cost related to past work performance (past service cost) is entered immediately in the income statement.
The employees also benefit from defined contribution plans for which Enel Green Power SpA pays fixed contributions to a separate entity (a fund) and will have no legal or implicit obligation to pay additional contributions if the fund lacks sufficient resources to pay all benefits for employees related to the work activities performed during the current year and in past years. Such plans are generally established for the purpose of increasing pension benefits after the cessation of the employment relationship. The costs related to such plans are entered in the income statement on the basis of the contribution made in the period.
Set forth below are the details on the 6 employees belonging to the business unit that comprises the demerged set of assets:
| CID | |
|---|---|
| 2060889 | |
| 20739 | |
| 16082 | |
| 4026692 | |
| 5030282 | |
| 1037623 |
Set forth below are the items related to Post-employment and other employee benefits in place as of September 30, 2015:
| Amounts in euro | |
|---|---|
| Post-employment benefit | 56,315 |
| Extra-month's pay (IMA) provision | 7,246 |
| Allowance in lieu of notice (ISP) | 2,343 |
| Loyalty Bonus (PDF) | 25,567 |
| Electricity discounts Substitutive Indemnity Fund (ISSE) | - |
| ASEM medical care | 132,236 |
| Fopen | (312) |
| Total | 223,394 |
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The deferred tax liabilities are determined on the basis of the tax rates in force as of the reference date and are calculated on a number of items referring to personnel belonging to the business unit comprising the "Demerged Set of Assets".
Derivatives – Euro 125,450
The item is included in point 2 of paragraph "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
It includes solely the "currency forward" derivatives entered into to hedge the short-term financial receivable owed by Enel Green Power North America.
The item is included in point 3 of the paragraph "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
The item refers entirely to the interest accrued and entered on an accrual basis on the long-term borrowings described above.
The item is included in point 4 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
It includes principally the Payables due to employees essentially related to the entry of accrued costs, including contribution-related costs, linked to the thirteenth month pay, various forms of individual and collective incentives and other amounts accrued such as vacations not taken, overtime, etc.
Set forth below are the details on the other current liabilities:
| Amounts in Euro | |
|---|---|
| Payables due to employees | 240,697 |
| Payables due to social security institutions | 24,583 |
| Other current liabilities | 32,049 |
| Total | 297,329 |
The item is included in point 5 of paragraph 3 "Balance sheet items to be assigned to the beneficiary company" of the Demerger plan.
They are granted by Enel Green Power Spa in the interest of its subsidiaries, under service agreements and bank guarantees (garanzie bancarie or fidejussioni).
The related details are included in sub-schedule 2 "Guarantees".
| Name | Registered office | State | Share Capital | Currency | %shareholding | |
|---|---|---|---|---|---|---|
| Enel Green Power International BV | Amsterdam | Netherlands | 244,532,298 | EUR | ||
| Name | Registered office | State | Share Capital | Currency | %shareholding | shareholder |
| - | 50.00% | Hydro Development Group Acquisition, LLC |
||||
| (Cataldo) Hydro Power Associates | New York | USA | USD | 50.00% | Pyrites Hydro, LLC | |
| 3-101-665717 S.A. | Costa Rica | Costa Rica | 10,000 | CRC | 100.00% | PH Chucas SA |
| ADAMS SOLAR PV PROJECT TWO (RF) PTY LTD |
Johannesburg | Republic of South Africa | 10,000,000 | ZAR | 60.00% | Enel Green Power RSA (Pty) Ltd |
| Agassiz Beach LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Aguilon 20 SA | Zaragoza | Spain | 2,682,000 | EUR | 51.00% | Enel Green Power España SL |
| Albany Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Almeyda Solar SpA | Santiago | Chile | 1,736,965,000 | CLP | 100.00% | Enel Green Power Chile Ltda |
| Almussafes Servicios Energéticos SL | Valencia | Spain | 3,010 | EUR | 100.00% | Enel Green Power España SL |
| Alvorada Energia SA | Rio De Janeiro | Brazil | 17,117,416 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|---|---|---|---|---|---|---|
| Annandale Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Apiacàs Energia SA | Rio De Janeiro | Brazil | 21,216,846 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Aquenergy Systems LLC | Greenville | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Atwater Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Aurora Distributed Solar, LLC | Wilmington | USA | - | USD | 100.00% | Enel Kansas LLC |
| Autumn Hills LLC | Delaware | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| BLP ENERGY PRIVATE LIMITED | New Delhi | India | 30,000,000 | INR | 68.00% | Enel Green Power Development B.V. |
| BLP VAYU (PROJECT 1) PRIVATE LIMITED | Haryana | India | 7,500,000 | INR | 100.00% | BLP ENERGY PRIVATE LIMITED |
| BLP VAYU (PROJECT 2) PRIVATE LIMITED | Haryana | India | 45,000,000 | INR | 100.00% | BLP ENERGY PRIVATE LIMITED |
| BLP WIND PROJECT (AMBERI) PRIVATE LIMITED |
New Delhi | India | 5,000,000 | INR | 100.00% | BLP ENERGY PRIVATE LIMITED |
| Barnet Hydro Company LLC | Burlington | USA | USD | 10.00% | Enel Green Power North America Inc |
| - | 90.00% | Sweetwater Hydroelectric LLC | ||||
|---|---|---|---|---|---|---|
| Beaver Falls Water Power Company | Philadelphia | USA | - | USD | 67.50% | Beaver Valley Holdings LLC |
| Beaver Valley Holdings LLC | Philadelphia | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Beaver Valley Power Company LLC | Philadelphia | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Biowatt - Recursos Energéticos Lda | Porto | Portugal | 5,000 | EUR | 51.00% | Finerge-Gestao De Projectos Energéticos SA |
| - | 75.00% | (Cataldo) Hydro Power Associates | ||||
| Black River Hydro Assoc | New York | USA | USD | 25.00% | Enel Green Power North America Inc | |
| Boiro Energia SA | Boiro | Spain | 601,010 | EUR | 40.00% | Enel Green Power España SL |
| Boott Field LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Boott Hydropower Inc | Boston | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| - | 32.00% | Enel Green Power North America Inc | ||||
| Bp Hydro Associates | Boise | USA | USD | 68.00% | Chi Idaho LLC | |
| - | 75.92% | Bp Hydro Associates | ||||
| Bp Hydro Finance Partnership | Salt Lake City | USA | USD | 24.08% | Enel Green Power North America Inc |
| Brooten Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
|---|---|---|---|---|---|---|
| Buffalo Dunes Wind Project, LLC | Topeka | USA | - | USD | 75.00% | EGPNA Development Holdings, LLC |
| Business Venture Investments 1468 (Pty) Ltd |
Lombardy East | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Bypass Limited LLC | Boise | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Bypass Power Company LLC | Los Angeles | USA | - | USD | 100.00% | Chi West LLC |
| Canastota Wind Power LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Caney River Wind Project LLC | Topeka | USA | - | USD | 100.00% | Rocky Caney Wind LLC |
| Carodex (Pty) Ltd | Houghton | Republic of South Africa | 116 | ZAR | 98.49% | Enel Green Power RSA (Pty) Ltd |
| - | 0.10% | Enel Alberta Wind Inc | ||||
| Castle Rock Ridge Limited Partnership | Calgary | Canada | CAD | 99.90% | Enel Green Power Canada Inc. | |
| Central Hidráulica Güejar-Sierra SL | Siviglia | Spain | 364,210 | EUR | 33.30% | Enel Green Power España SL |
| Cherokee Falls Hydroelectric Project, LLC Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc | |
| Chi Black River LLC | Wilmington | USA | USD | 100.00% | Enel Green Power North America Inc |
| - | ||||||
|---|---|---|---|---|---|---|
| Chi Idaho LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Chi Minnesota Wind LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Chi Operations Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Chi Power Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Chi Power Marketing Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Chi West LLC | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Chisago Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Chisholm View Wind Project LLC | Oklahoma City | USA | - | USD | 75.00% | Enel Kansas LLC |
| Cogeneración El Salto SL - in liquidazione | Zaragoza | Spain | 36,061 | EUR | 20.00% | Enel Green Power España SL |
| Cogeneración Lipsa SL | Barcellona | Spain | 720,000 | EUR | 20.00% | Enel Green Power España SL |
| Compañía Eólica Tierras Altas SA | Soria | Spain | 13,222,000 | EUR | 35.63% | Enel Green Power España SL |
| Coneross Power Corporation Inc | Greenville | USA | 110,000 | USD | 100.00% | Enel Green Power North America Inc |
|---|---|---|---|---|---|---|
| Consolidated Hydro New Hampshire LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Consolidated Hydro New York LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Consolidated Hydro Southeast LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Consolidated Pumped Storage Inc | Wilmington | USA | 550,000 | USD | 81.82% | Enel Green Power North America Inc |
| Consorcio Eólico Marino Cabo De Trafalgar SL |
Cádiz | Spain | 200,000 | EUR | 50.00% | Enel Green Power España SL |
| Copenhagen Hydro, LLC | New York | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Corporación Eólica De Zaragoza SL | Zaragoza | Spain | 1,021,600 | EUR | 25.00% | Enel Green Power España SL |
| Crucero Oeste Cinco S.p.A. | Santiago | Chile | 1,000,000 | CLP | 100.00% | Parque Eólico Renaico SpA |
| Crucero Oeste Cuatro S.p.A | Santiago | Chile | 1,000,000 | CLP | 100.00% | Parque Eólico Renaico SpA |
| Crucero Oeste Dos S.p.A. | Santiago | Chile | 1,000,000 | CLP | 100.00% | Parque Eólico Renaico SpA |
| Crucero Oeste Tres S.p.A. | Santiago | Chile | 1,000,000 | CLP | 100.00% | Parque Eólico Renaico SpA |
| Crucero Oeste Uno S.p.A. | Santiago | Chile | CLP | 100.00% | Parque Eólico Renaico SpA |
| 1,000,000 | ||||||
|---|---|---|---|---|---|---|
| 5,629,000 | 0.00% | Enel Green Power International BV | ||||
| De Rock'l Srl | Bucarest | Romania | RON | 100.00% | Enel Green Power Romania Srl | |
| Depuracion Destilacion Reciclaje SL | Boiro | Spain | 600,000 | EUR | 40.00% | Enel Green Power España SL |
| 5,313,807 | 99.99% | Enel Green Power México Srl de Cv | ||||
| Desarrollo de Fuerzas Renovables Srl de Cv |
Città del Mexico | Mexico | MXN | 0.01% | Energia Nueva Energia Limpia Mexico Srl de Cv |
|
| Diego de Almagro Matriz SpA | Santiago | Chile | 351,604,338 | CLP | 100.00% | Empresa Electrica Panguipulli SA |
| Dietrich Drop, LLC | Delaware | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Dodge Center Distributed Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| 279,282,225 | 0.04% | Enel Green Power Guatemala SA | ||||
| Dominica Energía Limpia Srl de Cv | Colonia Guadalupe Inn |
Mexico | MXN | 99.96% | Enel Green Power México Srl de Cv | |
| Drift Sand Wind Project, LLC | Delaware | USA | - | USD | 100.00% | Enel Kansas LLC |
| EGP Stillwater Solar LLC | Wilmington | USA | - | USD | 100.00% | Enel Stillwater LLC |
| EGP Timber Hills Project LLC | Los Angeles | USA | - | USD | 100.00% | Padoma Wind Power LLC |
|---|---|---|---|---|---|---|
| EGPNA Development Holdings, LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Development, LLC |
| EGPNA Hydro Holdings, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| EGPNA REP Holdings, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| EGPNA REP Hydro Holdings, LLC | Delaware | USA | - | USD | 100.00% | EGPNA Renewable Energy Partners, LLC |
| EGPNA REP Solar Holdings, LLC | Delaware | USA | - | USD | 100.00% | EGPNA Renewable Energy Partners, LLC |
| EGPNA REP Wind Holdings, LLC | Delaware | USA | - | USD | 100.00% | EGPNA Renewable Energy Partners, LLC |
| EGPNA Renewable Energy Partners, LLC | Delaware | USA | - | USD | 51.00% | EGPNA REP Holdings, LLC |
| EGPNA Wind Holdings 1, LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Wind Holdings, LLC |
| ELECTRA CAPITAL (RF) PTY LTD | Johannesburg | Republic of South Africa | 10,000,000 | ZAR | 60.00% | Enel Green Power RSA (Pty) Ltd |
| ENEL GREEN POWER BOA VISTA EÓLICA S.A |
Niterói - Rio de Janeiro |
Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 1.00% | Enel Green Power Desenvolvimento Ltda |
|||||
| ENEL GREEN POWER BOM JESUS DA LAPA SOLAR S.A. |
Brasile | Brazil | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| - | ||||||
|---|---|---|---|---|---|---|
| 2,131,724,677 | 99.99% | Enel Green Power International BV | ||||
| ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
Rio De Janeiro | Brazil | BRL | 0.01% | Enel Green Power Latin America Ltda | |
| ENEL GREEN POWER CABEÇA DE BOI S.A. | Rio de Janeiro | Brazil | 76,000,000 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER CRITALÂNDIA I EÓLICA S.A. |
Brasile | Brazil | 1,000,000 | BRL | 99.90% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER CRITALÂNDIA II EÓLICA S.A. |
Brasile | Brazil | 1,000,000 | BRL | 99.90% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 70,000,000 | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
||||
| ENEL GREEN POWER DAMASCENA EÓLICA S.A. |
Rio de Janeiro | Brazil | BRL | 1.00% | PARQUE EÓLICO SERRA AZUL LTDA. | |
| ENEL GREEN POWER DELFINA A EÓLICA S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER DELFINA B EÓLICA S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER DELFINA C EÓLICA S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER DELFINA D EÓLICA S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER DELFINA E EÓLICA S.A. |
Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 1,000,000 | ||||||
|---|---|---|---|---|---|---|
| ENEL GREEN POWER DOIS RIACHOS EÓLICA S.A. |
Rio de Janeiro | Brazil | 135,000,000 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 177,500,000 | 1.00% | PARQUE EOLICO CURVA DOS VENTOS LTDA |
||||
| ENEL GREEN POWER EMILIANA EOLICA SA | Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 135,000,000 | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
||||
| ENEL GREEN POWER ESPERANÇA EÓLICA S.A. |
Rio de Janeiro | Brazil | BRL | 1.00% | Enel Green Power Desenvolvimento Ltda |
|
| ENEL GREEN POWER ITUVERAVA NORTE SOLAR S.A |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER ITUVERAVA SOLAR S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER ITUVERAVA SUL SOLAR S.A. |
Rio de Janeiro | Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 165,000,000 | 1.00% | PARQUE EOLICO CURVA DOS VENTOS LTDA |
||||
| ENEL GREEN POWER JOANA EOLICA SA | Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 70,000,000 | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
||||
| ENEL GREEN POWER MANIÇOBA EÓLICA S.A. |
Rio de Janeiro | Brazil | BRL | 1.00% | PARQUE EÓLICO SERRA AZUL LTDA. | |
| ENEL GREEN POWER MODELO I EOLICA S.A. |
Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 175,000,000 | ||||||
|---|---|---|---|---|---|---|
| ENEL GREEN POWER MODELO II EÓLICA S.A. |
Rio de Janeiro | Brazil | 150,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER MORRO DO CHAPÉU I EÓLICA S.A. |
Niterói - Rio de Janeiro |
Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| ENEL GREEN POWER MORRO DO CHAPÉU II EÓLICA S.A. |
Niterói - Rio de Janeiro |
Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 177,500,000 | 1.00% | PARQUE EOLICO FONTES DOS VENTOS LTDA |
||||
| ENEL GREEN POWER PAU FERRO EÓLICA SA |
Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 230,000,000 | 1.00% | PARQUE EOLICO FONTES DOS VENTOS LTDA |
||||
| ENEL GREEN POWER PEDRA DO GERÔNIMO EÓLICA SA |
Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 14,412,120 | 1.00% | PARQUE EÓLICO SERRA AZUL LTDA. | ||||
| ENEL GREEN POWER SALTO APIACÁS S.A | Niterói - Rio de Janeiro |
Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| ENEL GREEN POWER SÃO ABRAÃO EÓLICA S.A. |
Niterói - Rio de Janeiro |
Brazil | 1,000,000 | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 125,000,000 | 1.00% | PARQUE EOLICO FONTES DOS VENTOS LTDA |
||||
| ENEL GREEN POWER TACAICÓ EÓLICA SA Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Niterói - Rio de | 5,000,000 | 0.01% | PARQUE EOLICO FONTES DOS VENTOS LTDA |
|||
|---|---|---|---|---|---|---|
| ENEL SOLUÇÕES ENERGÉTICAS LTDA | Janeiro | Brazil | BRL | 99.99% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| EOLVERDE - SGPS, S.A. | Porto | Portugal | 50,000 | EUR | 75.00% | Finerge-Gestao De Projectos Energéticos SA |
| Eastwood Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Eed - Empreendimentos Eólicos Do Douro SA |
Porto | Portugal | 50,000 | EUR | 100.00% | Finerge-Gestao De Projectos Energéticos SA |
| Eevm - Empreendimentos Eólicos Vale Do Minho SA |
Porto | Portugal | 200,000 | EUR | 50.00% | EOLVERDE - SGPS, S.A. |
| Egp Geronimo Holding Company Inc | Wilmington | USA | 1,000 | USD | 100.00% | Enel Green Power North America Inc |
| Egp Solar 1 LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Solar Holdings, LLC |
| El Dorado Hydro LLC | Los Angeles | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| 4,590,000 | 0.00% | Enel Green Power International BV | ||||
| Elcomex Solar Energy Srl | Costanza | Romania | RON | 100.00% | Enel Green Power Romania Srl | |
| Elk Creek Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Empreendimento Eólico De Rego Lda | Porto | Portugal | 5,000 | EUR | 51.00% | Finerge-Gestao De Projectos Energéticos SA |
| Empreendimentos Eólicos Da Serra Do Sicó SA |
Porto | Portugal | 50,000 | EUR | 52.38% | TP - Sociedade Térmica Portuguesa SA |
| Empreendimentos Eólicos De Viade Lda | Porto | Portugal | 5,000 | EUR | 80.00% | Finerge-Gestao De Projectos Energéticos SA |
| Empresa Electrica Panguipulli SA | Santiago | Chile | 48,038,937 | CLP | 99.99% | Enel Green Power Chile Ltda |
|---|---|---|---|---|---|---|
| 0.01% | Enel Green Power Latin America Ltda | |||||
| Empresa Nacional De Geotermia SA | Santiago | Chile | 12,647,752,517 | CLP | 51.00% | Enel Green Power Chile Ltda |
| Enel Alberta Wind Inc | Calgary | Canada | 16,251,021 | CAD | 100.00% | Enel Green Power Canada Inc. |
| - | 99.90% | Enel Green Power Canada Inc. | ||||
| Enel Atlantic Canada Limited Partnership | Newfdland | Canada | CAD | 0.10% | Newind Group Inc | |
| Enel Cove Fort II LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Enel Cove Fort LLC | Wilmington | USA | - | USD | 100.00% | Enel Geothermal LLC |
| Enel Fortuna SA | Panama | Republic of Panama | 100,000,000 | USD | 50.06% | Enel Green Power Panama SA |
| Enel GP Newfoundland and Labrador, Inc. Newfdland | Canada | 1,000 | CAD | 100.00% | EGPNA REP Wind Holdings, LLC | |
| Enel Geothermal LLC | Wilmington | USA | - | USD | 100.00% | EGPNA Renewable Energy Partners, LLC |
| Enel Green Power Bulgaria EAD | Sofia | Bulgaria | 35,231,000 | BGN | 100.00% | Enel Green Power International BV |
| Enel Green Power Canada Inc. | Montreal (Quebec) |
Canada | 85,681,857 | CAD | 100.00% | Enel Green Power North America Inc |
| 15,649,360,000 | 99.99% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power Chile Ltda | Santiago | Chile | CLP | 0.01% | Hydromac Energy BV |
| Enel Green Power Colombia | Bogotà | Colombia | 300,000,000 | COP | 100.00% | Enel Green Power International BV |
|---|---|---|---|---|---|---|
| Enel Green Power Costa Rica | San Josè | Costa Rica | 27,500,000 | USD | 100.00% | Enel Green Power International BV |
| 143,611,893 | 1.00% | Enel Green Power Desenvolvimento Ltda |
||||
| Enel Green Power Cristal Eolica SA | Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 13,900,297 | 0.01% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power Desenvolvimento Ltda | Rio de Janeiro | Brazil | BRL | 99.99% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| Enel Green Power Development B.V. | Amsterdam | Netherlands | 20,000 | EUR | 100.00% | Enel Green Power International BV |
| 26,000 | 1.00% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power Ecuador SA | Quito | Ecuador | USD | 99.00% | Enel Green Power International BV | |
| Enel Green Power Egypt S.A.E. | Cairo | Arab Republic of Egypt | 250,000 | EGP | 100.00% | Enel Green Power International BV |
| 3,071,090 | 0.00% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power El Salvador SA de Cv | San Salvador | El Salvador | SVC | 99.00% | Enel Green Power International BV | |
| Enel Green Power España SL | Madrid | Spain | 11,153 | EUR | 60.00% | Enel Green Power International BV |
| Enel Green Power Fazenda SA | Rio de Janeiro | Brazil | 62,000,000 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Enel Green Power Granadilla SL | Tenerife | Spain | 3,012 | EUR | 65.00% | Enel Green Power España SL |
| 5,000 | 2.00% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power Guatemala SA | Guatemala | Guatemala | GTQ | 98.00% | Enel Green Power International BV | |
| Enel Green Power Hellas SA | Maroussi | Greece | 7,737,850 | EUR | 100.00% | Enel Green Power International BV |
| Enel Green Power Latin America Ltda | 30,728,470 | 99.90% | Hydromac Energy BV | |||
|---|---|---|---|---|---|---|
| Santiago Chile |
CLP | 0.01% | Enel Green Power International BV | |||
| 2,399,774,165 | 0.01% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power México Srl de Cv | Mexico City | Mexico | MXN | 99.99% | Enel Green Power International BV | |
| Enel Green Power Namibia (Pty) Ltd | Windhoek | Namibia | 100 | NAD | 100.00% | Enel Green Power International BV |
| Enel Green Power North America Development, LLC |
Wilmington | USA | - | USD | 100.00% | Enel Green Power International BV |
| Enel Green Power North America Inc | Wilmington | USA | 50 | USD | 100.00% | Enel Green Power International BV |
| Enel Green Power Panama SA | Panama | Republic of Panama | 3,000 | USD | 100.00% | Enel Green Power International BV |
| 1,000 | 0.01% | Enel Green Power Latin America Ltda | ||||
| Enel Green Power Perù SA | Lima | Perù | PEN | 99.90% | Enel Green Power International BV | |
| 143,611,893 | 1.00% | Enel Green Power Desenvolvimento Ltda |
||||
| Enel Green Power Primavera Eolica SA | Rio de Janeiro | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| Enel Green Power RA S.A.E. | Cairo | Arab Republic of Egypt | 15,000,000 | EGP | 100.00% | Enel Green Power Egypt S.A.E. |
| Enel Green Power RSA (Pty) Ltd | Johannesburg | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power Development B.V. |
| Enel Green Power RSA 2 (Pty) Ltd) | Johannesburg | Republic of South Africa | 120 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Enel Green Power Romania Srl | Sat Rusu De Sus Nuseni |
Romania | 2,430,631,000 | RON | 100.00% | Enel Green Power International BV |
| Enel Green Power SAO Judas Eolica SA | Rio de Janeiro | Brazil | 143,611,893 | BRL | 1.00% | Enel Green Power Desenvolvimento Ltda |
| 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|||||
|---|---|---|---|---|---|---|
| Enel Green Power SHU S.A.E | Cairo | Arab Republic of Egypt | 15,000,000 | EGP | 100.00% | Enel Green Power Egypt S.A.E. |
| Enel Green Power TEFNUT S.A.E. | Cairo | Arab Republic of Egypt | 15,000,000 | EGP | 100.00% | Enel Green Power Egypt S.A.E. |
| Enel Green Power Turkey Enerji Yatirimlari Anonim Sirketi |
Istanbul | Turkey | 61,654,658 | TRY | 100.00% | Enel Green Power International BV |
| Enel Green Power Uruguay SA | Montevideo | Uruguay | 400,000 | UYU | 100.00% | Enel Green Power International BV |
| Enel Kansas LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Enel Minnesota Holdings, LLC | Minneapolis | USA | - | USD | 100.00% | Egp Geronimo Holding Company Inc |
| Enel Nevkan Inc | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Enel Salt Wells LLC | Wilmington | USA | - | USD | 100.00% | Enel Geothermal LLC |
| Enel Stillwater LLC | Wilmington | USA | - | USD | 100.00% | Enel Geothermal LLC |
| Enel Surprise Valley LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Enel Texkan Inc | Wilmington | USA | - | USD | 100.00% | Chi Power Inc |
| Enelpower Do Brasil Ltda | Rio De Janeiro | Brazil | 1,242,000 | BRL | 99.99% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 0.01% | Enel Green Power Latin America Ltda | |||||
|---|---|---|---|---|---|---|
| Paço de Arcos, | 50,000 | 17.98% | Finerge-Gestao De Projectos Energéticos SA |
|||
| Eneop-Eólicas de Portugal SA | Oeiras | Portugal | EUR | 17.98% | TP - Sociedade Térmica Portuguesa SA | |
| Energia Global De Mexico (Enermex) SA De Cv |
Mexico City | Mexico | 50,000 | MXN | 99.00% | Enel Green Power International BV |
| Energia Global Operaciones SA | San Josè | Costa Rica | 10,000 | CRC | 100.00% | Enel Green Power Costa Rica |
| Energia Marina SpA | Santiago | Chile | 2,404,240,000 | CLP | 25.00% | Enel Green Power Chile Ltda |
| Energia Nueva Energia Limpia Mexico Srl | Mexico City | Mexico | 5,339,650 | MXN | 0.04% | Enel Green Power Guatemala SA |
| de Cv | 99.96% | Enel Green Power International BV | ||||
| 3,139,737,500 | 99.90% | Enel Green Power México Srl de Cv | ||||
| Energia Nueva de Iggu Srl de CV | Mexico City | Mexico | MXN | 0.01% | Energia Nueva Energia Limpia Mexico Srl de Cv |
|
| Energias Especiales De Careon SA | La Coruña | Spain | 270,450 | EUR | 77.00% | Enel Green Power España SL |
| Energias Especiales De Pena Armada SA | Madrid | Spain | 963,300 | EUR | 80.00% | Enel Green Power España SL |
| Energias Especiales Del Alto Ulla SA | Madrid | Spain | 1,722,600 | EUR | 100.00% | Enel Green Power España SL |
| Energias Especiales Del Bierzo SA | Torre Del Bierzo | Spain | 1,635,000 | EUR | 50.00% | Enel Green Power España SL |
| 656,615,400 | 99.99% | Enel Green Power México Srl de Cv | ||||
| Energias Renovables La Mata SAPI de CV | Messico DF | Mexico | MXN | 0.01% | Energia Nueva de Iggu Srl de CV | |
| Energética De Rosselló AIE | Barcellona | Spain | 3,606,060 | EUR | 27.00% | Enel Green Power España SL |
| Energía De La Loma SA | Jean | Spain | 4,450,000 | EUR | 60.00% | Enel Green Power España SL |
| Energía Limpia de Palo Alto, S. de R.L. de | 61,395,361,000 | 99.99% | Enel Green Power México Srl de Cv | |||
|---|---|---|---|---|---|---|
| C.V. | Messico | Mexico | MXN | 0.01% | Hidroelectricidad Del Pacifico Srl de Cv | |
| Energías Alternativas Del Sur SL | Las Palmas De Gran Canaria |
Spain | 5,589,393 | EUR | 53.77% | Enel Green Power España SL |
| Energías De Aragón II SL | Zaragoza | Spain | 18,500,000 | EUR | 100.00% | Enel Green Power España SL |
| Energías De Graus SL | Barcellona | Spain | 1,298,160 | EUR | 66.67% | Enel Green Power España SL |
| Energías De La Mancha SA | Villarta De San Juan (Ciudad Real) |
Spain | 279,500 | EUR | 68.42% | Enel Green Power España SL |
| Enerlasa SA - in liquidazione | Madrid | Spain | 1,021,701 | EUR | 45.00% | Enel Green Power España SL |
| Enexon Hellas SA | Maroussi | Greece | 18,771,600 | EUR | 100.00% | Enel Green Power Hellas SA |
| Eolcinf - Produçao De Energia Eólica Lda | Porto | Portugal | 5,000 | EUR | 51.00% | Finerge-Gestao De Projectos Energéticos SA |
| Eolflor - Produçao De Energia Eólica Lda | Porto | Portugal | 5,000 | EUR | 51.00% | Finerge-Gestao De Projectos Energéticos SA |
| Erecosalz SL - in liquidazione | Zaragoza | Spain | 18,000 | EUR | 33.00% | Enel Green Power España SL |
| Essex Company LLC | Boston | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Estrellada S.A. | Montevideo | Uruguay | UYU | 100.00% | Enel Green Power Uruguay SA |
| 448,000 | ||||||
|---|---|---|---|---|---|---|
| Explotaciones Eólicas De Escucha SA | Zaragoza | Spain | 3,505,000 | EUR | 70.00% | Enel Green Power España SL |
| Explotaciones Eólicas El Puerto SA | Teruel | Spain | 3,230,000 | EUR | 73.60% | Enel Green Power España SL |
| Explotaciones Eólicas Saso Plano SA | Zaragoza | Spain | 5,488,500 | EUR | 65.00% | Enel Green Power España SL |
| Explotaciones Eólicas Sierra Costera SA | Zaragoza | Spain | 8,046,800 | EUR | 90.00% | Enel Green Power España SL |
| Explotaciones Eólicas Sierra La Virgen SA Zaragoza | Spain | 4,200,000 | EUR | 90.00% | Enel Green Power España SL | |
| Eólica Del Noroeste SL | La Coruña | Spain | 36,100 | EUR | 51.00% | Enel Green Power España SL |
| Eólica Del Principado SAU | Oviedo | Spain | 90,000 | EUR | 40.00% | Enel Green Power España SL |
| Eólica Valle Del Ebro SA | Zaragoza | Spain | 5,559,340 | EUR | 50.50% | Enel Green Power España SL |
| Eólica Zopiloapan SAPI de Cv | Mexico City | Mexico | 1,877,201,540 | MXN | 56.98% | Enel Green Power México Srl de Cv |
| Eólicas De Agaete SL | Las Palmas De Gran Canaria |
Spain | 240,400 | EUR | 80.00% | Enel Green Power España SL |
| Eólicas De Fuencaliente SA | Las Palmas De Gran Canaria |
Spain | 216,360 | EUR | 55.00% | Enel Green Power España SL |
| Eólicas De Fuerteventura AIE | Fuerteventura - Las Palmas |
Spain | EUR | 40.00% | Enel Green Power España SL |
| - | ||||||
|---|---|---|---|---|---|---|
| Eólicas De Lanzarote SL | Las Palmas De Gran Canaria |
Spain | 1,758,000 | EUR | 40.00% | Enel Green Power España SL |
| Eólicas De Tenerife AIE | Santa Cruz De Tenerife |
Spain | 420,708 | EUR | 50.00% | Enel Green Power España SL |
| Eólicas De Tirajana AIE | Las Palmas De Gran Canaria |
Spain | - | EUR | 60.00% | Enel Green Power España SL |
| Fiesta City Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Finerge-Gestao De Projectos Energéticos SA |
Porto | Portugal | 750,000 | EUR | 100.00% | Enel Green Power España SL |
| Florence Hills LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Fowler Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| 5,000 | 40.00% | Renovables De Guatemala SA | ||||
| Fuentes Renovables de Guatemala, S.A. | Guatemala | Guatemala | GTQ | 60.00% | Enel Green Power Guatemala SA | |
| Fulcrum LLC | Boise | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| GIBSON BAY WIND FARM (RF) PROPRIETARY LIMITED |
Johannesburg | Republic of South Africa | 1,000 | ZAR | 60.00% | Enel Green Power RSA (Pty) Ltd |
| 675,400 | 0.00% | Enel Green Power International BV | ||||
|---|---|---|---|---|---|---|
| GV Energie Rigenerabili ITAL-RO Srl | Bucarest | Romania | RON | 100.00% | Enel Green Power Romania Srl | |
| Gauley Hydro LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Gauley River Management Corporation | Willison | USA | 1 | USD | 100.00% | Enel Green Power North America Inc |
| Gauley River Power Partners LLC | Willison | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| 16,261,697 | 1.00% | Enel Green Power Guatemala SA | ||||
| Generadora De Occidente Ltda | Guatemala | Guatemala | GTQ | 99.00% | Enel Green Power International BV | |
| 3,820,000 | 0.01% | Enel Green Power Guatemala SA | ||||
| Generadora Montecristo SA | Guatemala | Guatemala | GTQ | 99.99% | Enel Green Power International BV | |
| Geotermica Del Norte SA | Santiago | Chile | 120,068,349,979 | CLP | 59.22% | Enel Green Power Chile Ltda |
| Goodwell Wind Project, LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Wind Holdings, LLC |
| Goodyear Lake Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Green Fuel Corporacion SA - in liquidazione |
Madrid | Spain | 1,717,050 | EUR | 24.24% | Enel Green Power España SL |
| HISPANO GENERACIÓN DE ENERGÍA SOLAR, S.L. |
Jerez de los Caballeros (Badajoz) |
Spain | 3,500 | EUR | 51.00% | Enel Green Power España SL |
|---|---|---|---|---|---|---|
| Hadley Ridge LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Hastings Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Helio Atacama Nueve SpA | Santiago | Chile | 1,000,000 | CLP | 100.00% | Enel Green Power Chile Ltda |
| Hidroelectricidad Del Pacifico Srl de Cv | Mexico City | Mexico | 30,890,736 | MXN | 99.99% | Enel Green Power México Srl de Cv |
| Hidroeléctrica De Ourol SL | Lugo | Spain | 1,608,200 | EUR | 30.00% | Enel Green Power España SL |
| Hidroeléctrica DonRafael, S.A. | Costa Rica | Costa Rica | 10,000 | CRC | 65.00% | Enel Green Power Costa Rica |
| High Shoals, LLC | Delaware | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Highfalls Hydro Company Inc | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Hope Creek LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Hydro Development Group Acquisition, LLC |
Albany | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Hydro Energies Corporation | Willison | USA | 5,000 | USD | 100.00% | Enel Green Power North America Inc |
| Hydromac Energy BV | Amsterdam | Netherlands | 18,000 | EUR | 100.00% | Enel Green Power International BV |
|---|---|---|---|---|---|---|
| International Eolian Of Grammatiko SA | Maroussi | Greece | 436,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| International Eolian Of Korinthia SA | Maroussi | Greece | 6,471,798 | EUR | 100.00% | Enel Green Power Hellas SA |
| International Eolian Of Peloponnisos 1 SA Maroussi | Greece | 418,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 2 SA Maroussi | Greece | 514,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 3 SA Maroussi | Greece | 423,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 4 SA Maroussi | Greece | 465,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 5 SA Maroussi | Greece | 509,500 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 6 SA Maroussi | Greece | 447,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 7 SA Maroussi | Greece | 418,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Peloponnisos 8 SA Maroussi | Greece | 418,000 | EUR | 30.00% | Enel Green Power Hellas SA | |
| International Eolian Of Skopelos SA | Maroussi | Greece | 224,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Isamu Ikeda Energia SA | Rio De Janeiro | Brazil | 61,474,476 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|---|---|---|---|---|---|---|
| Italgest Energy (Pty) Ltd | Johannesburg | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Jack River LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Jessica Mills LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Julia Hills LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| KAVACIK EOLIKO ENERJI ELEKTRIK ÜRETIM VE TICARET ANONIM SIRKETI |
Istanbul | Turkey | 9,000,000 | TRY | 100.00% | Enel Green Power Turkey Enerji Yatirimlari Anonim Sirketi |
| KIRKLARELI EOLIKO ENERJI ELEKTRIK ÜRETIM VE TICARET ANONIM SIRKETI |
Istanbul | Turkey | 5,250,000 | TRY | 100.00% | Enel Green Power Turkey Enerji Yatirimlari Anonim Sirketi |
| KONGUL ENERJI SANAYI VE TICARET ANONIM SIRKETI |
Istanbul | Turkey | 125,000,000 | TRY | 100.00% | Enel Green Power Turkey Enerji Yatirimlari Anonim Sirketi |
| Kelley's Falls, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Kings River Hydro Company Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Kinneytown Hydro Company Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| LaChute Hydro Company LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Lake Emily Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
|---|---|---|---|---|---|---|
| Lake Pulaski Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Lawrence Creek Solar, LLC | Minnesota | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Lester Prairie Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Lindahl Wind Project, LLC | Delaware | USA | - | USD | 100.00% | Enel Kansas LLC |
| Little Elk Wind Holdings LLC | Delaware | USA | - | USD | 100.00% | Enel Kansas LLC |
| Little Elk Wind Project LLC | Oklahoma City | USA | - | USD | 100.00% | Enel Kansas LLC |
| Littleville Power Company Inc | Boston | USA | 1 | USD | 100.00% | Enel Green Power North America Inc |
| Lower Saranac Hydro Partners, LLC | Delaware | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Lower Saranac Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Lower Valley, LLC | Delaware | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Lowline Rapids, LLC | Delaware | usa | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| - | ||||||
|---|---|---|---|---|---|---|
| Mascoma Hydro Corporation | Concord | USA | 1 | USD | 100.00% | Enel Green Power North America Inc |
| Mason Mountain Wind Project LLC | Wilmington | USA | - | USD | 100.00% | Padoma Wind Power LLC |
| Matrigenix (Proprietary) Limited | Houghton | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Mayhew Lake Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Metro Wind LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Mexicana de Hidroelectricidad Mexhidro Srl de Cv |
Mexico City | Mexico | 181,728,701 | MXN | 99.99% | Enel Green Power México Srl de Cv |
| Mill Shoals Hydro Company ILLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Minicentrales Del Canal Imperial-Gallur SL Zaragoza | Spain | 1,820,000 | EUR | 36.50% | Enel Green Power España SL | |
| Missisquoi Associates LLC | Los Angeles | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Molinos De Viento Del Arenal SA | San Josè | Costa Rica | 9,709,200 | USD | 49.00% | Enel Green Power Costa Rica |
| Montrose Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| NOJOLI WIND FARM (RF) PTY LTD | Johannesburg | Republic of South Africa | 10,000,000 | ZAR | 60.00% | Enel Green Power RSA (Pty) Ltd |
|---|---|---|---|---|---|---|
| Nevkan Renewables LLC | Wilmington | USA | - | USD | 100.00% | Enel Nevkan Inc |
| Newbury Hydro Company, LLC | Delaware | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Newind Group Inc | St. John | Canada | 578,192 | CAD | 100.00% | Enel Green Power Canada Inc. |
| Northwest Hydro LLC | Wilmington | USA | - | USD | 100.00% | Chi West LLC |
| Notch Butte Hydro Company Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| OVACIK EOLIKO ENERJI ELEKTRIK ÜRETIM VE TICARET ANONIM SIRKETI |
Istanbul | Turkey | 11,250,000 | TRY | 100.00% | Enel Green Power Turkey Enerji Yatirimlari Anonim Sirketi |
| Odell Sponsorco, LLC | Delaware | USA | - | USD | 50.00% | Enel Kansas LLC |
| Operacion Y Mantenimiento Tierras Morenas SA |
San Josè | Costa Rica | 30,000 | CRC | 85.00% | Enel Green Power Costa Rica |
| Origin Goodwell Holdings LLC | Wilmington | USA | - | USD | 100.00% | EGPNA Wind Holdings 1, LLC |
| Origin Wind Energy, LLC | Wilmington | USA | - | USD | 100.00% | Origin Goodwell Holdings LLC |
| Osage Wind Holdings, LLC | Delaware | USA | - | USD | 100.00% | Enel Kansas LLC |
| Osage Wind, LLC | Delaware | USA | - | USD | 50.00% | Osage Wind Holdings, LLC |
|---|---|---|---|---|---|---|
| Ottauquechee Hydro Company Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Oxagesa AIE | Teruel | Spain | 6,010 | EUR | 33.33% | Enel Green Power España SL |
| Oyster Bay Wind Farm (Pty) Ltd | Cape Town | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| P.E. Cote S.A. | Costa Rica | Costa Rica | 10,000 | CRC | 65.00% | Enel Green Power Costa Rica |
| P.V. Huacas S.A. | Costa Rica | Costa Rica | 10,000 | CRC | 65.00% | Enel Green Power Costa Rica |
| 420,000 | 1.00% | Enel Green Power Desenvolvimento Ltda |
||||
| PARQUE EOLICO CURVA DOS VENTOS LTDA |
Bahia | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| PARQUE EOLICO ENGENHO GERADORA | 685,423 | 1.00% | Enel Green Power Desenvolvimento Ltda |
|||
| DE ENERGIA LTDA. | Fortaleza | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 5,091,945 | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
||||
| PARQUE EOLICO FONTES DOS VENTOS LTDA |
Recife | Brazil | BRL | 0.04% | Enel Green Power Desenvolvimento Ltda |
|
| 566,347 | 1.00% | Enel Green Power Desenvolvimento Ltda |
||||
| PARQUE EOLICO OUROVENTOS LTDA. | Bahia | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| 940,567 | 1.00% | Enel Green Power Desenvolvimento Ltda |
||||
|---|---|---|---|---|---|---|
| PARQUE EÓLICO SERRA AZUL LTDA. | Bahia | Brazil | BRL | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
|
| 440,267 | 99.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
||||
| PARQUE EÓLICO VENTANIA GERADORA DE ENERGIA LTDA |
Fortaleza | Brazil | BRL | 1.00% | Enel Green Power Desenvolvimento Ltda |
|
| PH Chucas SA | San Josè | Costa Rica | 100,000 | CRC | 40.31% | Enel Green Power Costa Rica |
| PH Don Pedro SA | San Josè | Costa Rica | 100,001 | CRC | 33.44% | Enel Green Power Costa Rica |
| PH Guacimo SA | San Josè | Costa Rica | 50,000 | CRC | 65.00% | Enel Green Power Costa Rica |
| PH Rio Volcan SA | San Josè | Costa Rica | 100,001 | CRC | 34.32% | Enel Green Power Costa Rica |
| Padoma Wind Power LLC | Los Angeles | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Palo Alto Farms Wind Project, LLC | Dallas | USA | - | USD | 100.00% | Enel Kansas LLC |
| Pampa Solar Norte Cuatro SpA | Santiago | Chile | 1,000,000 | CLP | 100.00% | Helio Atacama Nueve SpA |
| Pampa Solar Norte Dos SpA | Santiago | Chile | 1,000,000 | CLP | 100.00% | Helio Atacama Nueve SpA |
| Pampa Solar Norte Uno SpA | Santiago | Chile | 1,000,000 | CLP | 100.00% | Helio Atacama Nueve SpA |
|---|---|---|---|---|---|---|
| Papeleira Portuguesa SA | Sao Paio De Oleiros |
Portugal | 916,229 | EUR | 2.62% | TP - Sociedade Térmica Portuguesa SA |
| Paravento SL | Lugo | Spain | 3,006 | EUR | 90.00% | Enel Green Power España SL |
| Parc Eolic Els Aligars SL | Barcellona | Spain | 1,313,100 | EUR | 30.00% | Enel Green Power España SL |
| Parc Eolic La Tossa-La Mola D'en Pascual SL |
Barcellona | Spain | 1,183,100 | EUR | 30.00% | Enel Green Power España SL |
| Parque Eolico De Belmonte SA | Madrid | Spain | 120,400 | EUR | 50.16% | Enel Green Power España SL |
| 20,878,010,000 | 99.99% | Enel Green Power Chile Ltda | ||||
| Parque Eolico Taltal SA | Santiago | Chile | CLP | 0.01% | Enel Green Power Latin America Ltda | |
| Parque Eólico A Capelada AIE | Santiago De Compostela |
Spain | 5,857,586 | EUR | 100.00% | Enel Green Power España SL |
| Parque Eólico Carretera De Arinaga SA | Las Palmas De Gran Canaria |
Spain | 1,603,000 | EUR | 80.00% | Enel Green Power España SL |
| Parque Eólico De Aragón AIE | Zaragoza | Spain | 601,000 | EUR | 80.00% | Enel Green Power España SL |
| Parque Eólico De Barbanza SA | La Coruña | Spain | 3,606,000 | EUR | 75.00% | Enel Green Power España SL |
| Parque Eólico De Gevancas SA | Porto | Portugal | 50,000 | EUR | 100.00% | Finerge-Gestao De Projectos Energéticos SA |
|---|---|---|---|---|---|---|
| Parque Eólico De San Andrés SA | La Coruña | Spain | 552,920 | EUR | 82.00% | Enel Green Power España SL |
| Parque Eólico De Santa Lucía SA | Las Palmas De Gran Canaria |
Spain | 901,500 | EUR | 65.67% | Enel Green Power España SL |
| Parque Eólico Do Alto Da Vaca Lda | Porto | Portugal | 125,000 | EUR | 75.00% | Finerge-Gestao De Projectos Energéticos SA |
| Parque Eólico Do Vale Do Abade Lda | Porto | Portugal | 5,000 | EUR | 51.00% | Finerge-Gestao De Projectos Energéticos SA |
| Parque Eólico Finca De Mogán SA | Las Palmas De Gran Canaria |
Spain | 3,810,340 | EUR | 90.00% | Enel Green Power España SL |
| Parque Eólico Montes De Las Navas SA | Madrid | Spain | 6,540,000 | EUR | 75.50% | Enel Green Power España SL |
| Parque Eólico Punta De Teno SA | Tenerife | Spain | 528,880 | EUR | 52.00% | Enel Green Power España SL |
| Parque Eólico Renaico SpA | Santiago | Chile | 1,000,000 | CLP | 100.00% | Enel Green Power Chile Ltda |
| 50,000 | 50.00% | Finerge-Gestao De Projectos Energéticos SA |
||||
| Parque Eólico Serra Da Capucha SA | Porto | Portugal | EUR | 50.00% | TP - Sociedade Térmica Portuguesa SA | |
| Parque Eólico Sierra Del Madero SA | Soria | Spain | 7,193,970 | EUR | 58.00% | Enel Green Power España SL |
| 566,096,564 | 0.01% | Enel Green Power Latin America Ltda | ||||
|---|---|---|---|---|---|---|
| Parque Eólico Valle de los Vientos SA | Santiago | Chile | CLP | 99.99% | Enel Green Power Chile Ltda | |
| Parque Solar Carrera Pinto S.A. | Santiago | Chile | 10,000,000 | CLP | 99.00% | Enel Green Power Chile Ltda |
| Parque Talinay Oriente SA | Santiago | Chile | 66,092,165,171 | CLP | 60.92% | Enel Green Power Chile Ltda |
| Paynesville Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Pelzer Hydro Company LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Pine Island Distributed Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Pipestone Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Planta Eólica Europea SA | Siviglia | Spain | 1,198,530 | EUR | 56.12% | Enel Green Power España SL |
| Prairie Rose Transmission, LLC | Minneapolis | USA | - | USD | 100.00% | Prairie Rose Wind, LLC |
| Prairie Rose Wind, LLC | New York | USA | - | USD | 75.00% | Enel Kansas LLC |
| Primavera Energia SA | Rio De Janeiro | Brazil | 36,965,445 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Productor Regional De Energia Renovable SA |
Valladolid | Spain | 710,500 | EUR | 85.00% | Enel Green Power España SL |
|---|---|---|---|---|---|---|
| Productor Regional De Energía Renovable III SA |
Valladolid | Spain | 88,398 | EUR | 82.89% | Enel Green Power España SL |
| Productora De Energías SA | Barcellona | Spain | 30,050 | EUR | 30.00% | Enel Green Power España SL |
| Promociones Energeticas Del Bierzo SL | Ponferrada | Spain | 12,020 | EUR | 100.00% | Enel Green Power España SL |
| Proveedora de Electricidad de Occidente Srl de Cv |
Città Del Mexico | Mexico | 89,708,735 | MXN | 99.99% | Enel Green Power México Srl de Cv |
| Proyecto Eólico El Pedregal S.A. | Costa Rica | Costa Rica | 10,000 | CRC | 65.00% | Enel Green Power Costa Rica |
| Proyectos Universitarios De Energias Renovables SL |
Alicante | Spain | 180,000 | EUR | 33.33% | Enel Green Power España SL |
| Pulida Energy (RF) Proprietary Limited | Houghton | Republic of South Africa | 10,000,000 | ZAR | 52.70% | Enel Green Power RSA (Pty) Ltd |
| Pyrites Hydro, LLC | New York | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Quatiara Energia SA | Rio De Janeiro | Brazil | 16,566,511 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Rattlesnake Creek Wind Project LLC | Lincoln | USA | - | USD | 100.00% | Enel Kansas LLC |
| 1,924,465,600 | 0.01% | Enel Green Power Guatemala SA | ||||
| Renovables De Guatemala SA | Guatemala | Guatemala | GTQ | 42.83% | Enel Green Power International BV | |
| Rock Creek Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Rock Creek Wind Project, LLC | Clayton | USA | - | USD | 100.00% | Enel Kansas LLC |
| Rocky Caney Wind LLC | New York | USA | - | USD | 100.00% | Enel Kansas LLC |
|---|---|---|---|---|---|---|
| Rocky Ridge Wind Project LLC | Oklahoma City | USA | - | USD | 100.00% | Rocky Caney Wind LLC |
| Ruthton Ridge LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Salmon Falls Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Salto De San Rafael SL | Siviglia | Spain | 461,410 | EUR | 50.00% | Enel Green Power España SL |
| San Juan Mesa Wind Project II LLC | Wilmington | USA | - | USD | 100.00% | Padoma Wind Power LLC |
| Santo Rostro Cogeneración SA - in liquidazione |
Siviglia | Spain | 207,000 | EUR | 45.00% | Enel Green Power España SL |
| Scandia Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Se Hazelton A.LLC | Los Angeles | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Sealve - Sociedade Eléctrica De Alvaiázere SA |
Porto | Portugal | 50,000 | EUR | 100.00% | Finerge-Gestao De Projectos Energéticos SA |
| Serra Do Moncoso Cambas SL | La Coruña | Spain | 3,125 | EUR | 100.00% | Enel Green Power España SL |
| Servicio de Operación y Mantenimiento para Energías Renovables Srl de Cv |
Mexico City | Mexico | MXN | 0.01% | Enel Green Power Guatemala SA |
| 3,000 | 0.01% | Energia Nueva Energia Limpia Mexico Srl de Cv |
||||
|---|---|---|---|---|---|---|
| Sisconer - Exploraçao De Sistemas De Conversao De Energia Lda |
Porto | Portugal | 5,000 | EUR | 55.00% | Finerge-Gestao De Projectos Energéticos SA |
| Sistema Eléctrico de Conexión Montes Orientales SL |
Granada | Spain | 44,900 | EUR | 16.70% | Enel Green Power España SL |
| Sistema Eléctrico de Conexión Valcaire SL Madrid | Spain | 175,200 | EUR | 28.13% | Enel Green Power España SL | |
| Sistemas Energeticos Mañón Ortigueira SA |
La Coruña | Spain | 2,007,750 | EUR | 96.00% | Enel Green Power España SL |
| Slate Creek Hydro Associates LP | Los Angeles | USA | - | USD | 95.00% | Slate Creek Hydro Company LLC |
| Slate Creek Hydro Company LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Smoky Hills Wind Farm LLC | Topeka | USA | - | USD | 100.00% | Texkan Wind LLC |
| Smoky Hills Wind Project II LLC | Topeka | USA | - | USD | 100.00% | Nevkan Renewables LLC |
| Snyder Wind Farm LLC | Dallas | USA | - | USD | 100.00% | Texkan Wind LLC |
| Socibe Energia SA | Rio De Janeiro | Brazil | 19,969,032 | BRL | 100.00% | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
| Sociedad Eólica De Andalucía SA | Siviglia | Spain | 4,507,591 | EUR | 64.74% | Enel Green Power España SL |
|---|---|---|---|---|---|---|
| Sociedad Eólica El Puntal SL | Siviglia | Spain | 1,643,000 | EUR | 50.00% | Enel Green Power España SL |
| Sociedad Eólica Los Lances SA | Cadiz | Spain | 2,404,048 | EUR | 60.00% | Enel Green Power España SL |
| Soliloquoy Ridge LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Somersworth Hydro Company Inc | Wilmington | USA | 100 | USD | 100.00% | Enel Green Power North America Inc |
| Sotavento Galicia SA | Santiago De Compostela |
Spain | 601,000 | EUR | 36.00% | Enel Green Power España SL |
| Southwest Transmission LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Spartan Hills LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Stipa Nayaá SA de Cv | Colonia Cuauhtémoc |
Mexico | 1,811,016,348 | MXN | 55.21% | Enel Green Power México Srl de Cv |
| Summit Energy Storage Inc | Wilmington | USA | 2,050,000 | USD | 75.00% | Enel Green Power North America Inc |
| Sun River LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Sweetwater Hydroelectric LLC | Concord | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| TOBIVOX (RF) PTY LTD | Houghton | Republic of South Africa | 10,000,000 | ZAR | 60.00% | Enel Green Power RSA (Pty) Ltd |
|---|---|---|---|---|---|---|
| TP - Sociedade Térmica Portuguesa SA | Lisbona | Portugal | 3,750,000 | EUR | 100.00% | Finerge-Gestao De Projectos Energéticos SA |
| Tecnoguat SA | Guatemala | Guatemala | 30,948,000 | GTQ | 75.00% | Enel Green Power International BV |
| Termotec Energía AIE - in liquidazione | Valencia | Spain | 481,000 | EUR | 45.00% | Enel Green Power España SL |
| Texkan Wind LLC | Wilmington | USA | - | USD | 100.00% | Enel Texkan Inc |
| Tko Power LLC | Los Angeles | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Toledo Pv AEIE | Madrid | Spain | 26,890 | EUR | 33.33% | Enel Green Power España SL |
| Tradewind Energy, Inc. | Wilmington | USA | 200,000 | USD | 19.90% | Enel Kansas LLC |
| 233,561,800 | 100.00% | Enel Green Power International BV | ||||
| Transmisora de Energia Renovable SA | Guatemala | Guatemala | GTQ | 0.00% | Enel Green Power Guatemala SA | |
| - | 98.00% | Highfalls Hydro Company Inc | ||||
| Triton Power Company | New York | USA | USD | 2.00% | Enel Green Power North America Inc | |
| Tsar Nicholas LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Twin Falls Hydro Associates | Seattle | USA | - | USD | 99.51% | Twin Falls Hydro Company LLC |
|---|---|---|---|---|---|---|
| Twin Falls Hydro Company LLC | Wilmington | USA | - | USD | 100.00% | EGPNA REP Hydro Holdings, LLC |
| Twin Lake Hills LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Twin Saranac Holdings LLC | Wilmington | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| Ufefys SL - in liquidazione | Aranjuez | Spain | 304,150 | EUR | 40.00% | Enel Green Power España SL |
| Ukuqala Solar Proprietary Limited | Johannesburg | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Upington Solar (Pty) Ltd | Johannesburg | Republic of South Africa | 1,000 | ZAR | 100.00% | Enel Green Power RSA (Pty) Ltd |
| Vektör Enerji Üretim Anonim Sirketi | Istanbul | Turkey | 740,000 | TRY | 100.00% | Enel Green Power International BV |
| 813,702,087 | 99.99% | Enel Green Power México Srl de Cv | ||||
| Vientos del Altiplano, S. de R.L. de C.V. | Mexico | Mexico | MXN | 0.01% | Hidroelectricidad Del Pacifico Srl de Cv | |
| WP Bulgaria 1 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 10 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 11 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
|---|---|---|---|---|---|---|
| WP Bulgaria 12 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 13 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 14 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 15 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 19 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 21 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 26 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 3 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 6 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 8 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| WP Bulgaria 9 EOOD | Sofia | Bulgaria | 5,000 | BGN | 100.00% | Enel Green Power Bulgaria EAD |
| Walden, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
|---|---|---|---|---|---|---|
| Waseca Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| West Faribault Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| West Hopkinton Hydro, LLC | Delaware | USA | - | USD | 100.00% | Enel Green Power North America Inc |
| West Waconia Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Western New York Wind Corporation | Albany | USA | 300 | USD | 100.00% | Enel Green Power North America Inc |
| Willimantic Power Corporation | Hartford | USA | 1,000 | USD | 100.00% | Enel Green Power North America Inc |
| Wind Park Of Koryfao SA | Maroussi | Greece | 60,000 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks Of Bolibas SA | Maroussi | Greece | 551,500 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Distomos SA | Maroussi | Greece | 556,500 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Folia SA | Maroussi | Greece | 424,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Gagari SA | Maroussi | Greece | 389,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Goraki SA | Maroussi | Greece | 551,500 | EUR | 30.00% | Enel Green Power Hellas SA |
|---|---|---|---|---|---|---|
| Wind Parks Of Gourles SA | Maroussi | Greece | 555,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Kafoutsi SA | Maroussi | Greece | 551,500 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Korinthia SA | Maroussi | Greece | 3,504,500 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks Of Mirovigli SA | Maroussi | Greece | 225,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Petalo SA | Maroussi | Greece | 575,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Skoubi SA | Maroussi | Greece | 472,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Strouboulas SA | Maroussi | Greece | 576,500 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Trikorfo SA | Maroussi | Greece | 260,000 | EUR | 29.25% | Enel Green Power Hellas SA |
| Wind Parks Of Vitalio SA | Maroussi | Greece | 361,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks Of Vourlas SA | Maroussi | Greece | 554,000 | EUR | 30.00% | Enel Green Power Hellas SA |
| Wind Parks of Anatoli-Prinia SA | Maroussi | Greece | 1,110,400 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks of Kathara SA | Maroussi | Greece | 296,500 | EUR | 100.00% | Enel Green Power Hellas SA |
|---|---|---|---|---|---|---|
| Wind Parks of Kerasia SA | Maroussi | Greece | 252,000 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks of Milia SA | Maroussi | Greece | 399,000 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks of Mitika SA | Maroussi | Greece | 255,500 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks of Paliopirgos SA | Maroussi | Greece | 200,000 | EUR | 80.00% | Enel Green Power Hellas SA |
| Wind Parks of Platanos SA | Maroussi | Greece | 179,000 | EUR | 100.00% | Enel Green Power Hellas SA |
| Wind Parks of Spilia SA | Maroussi | Greece | 496,100 | EUR | 100.00% | Enel Green Power Hellas SA |
| Winter's Spawn LLC | Minneapolis | USA | - | USD | 51.00% | Chi Minnesota Wind LLC |
| Wyoming Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Yedesa-Cogeneración SA - in liquidazione | Almería | Spain | 234,000 | EUR | 40.00% | Enel Green Power España SL |
| Zumbrota Solar, LLC | Delaware | USA | - | USD | 100.00% | Aurora Distributed Solar, LLC |
| Country | ISSUING | EXPIRING | APPLICANT | BENEFICIARY | CURRENCY | AMOUNT | FINANCIAL | AMOUNT Sept |
|---|---|---|---|---|---|---|---|---|
| DATE | DATE | (CURRENCY) | INSTITUTION | (EUR) | ||||
| Brazil | May 9, | Open | EGP Spa | IFC | USD | EGP SPA | ||
| 2014 | ended | 300,000,000 | 267,498,885 | |||||
| Brazil | November | Open | EGP Spa | Itau | USD | EGP SPA | ||
| 24, 2014 | ended | 180,000,000 | 160,499,331 | |||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA |
||
| 2015 | Delfina D Eólica | Energia Eolica Ltda | 90,600,000 | 22,276,315 | ||||
| S.A | ||||||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA | ||
| 2015 | Delfina E Eólica | Energia Eolica Ltda | 90,600,000 | 22,276,315 | ||||
| S.A | ||||||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA | ||
| 2015 | Delfina A Eólica | Energia Eolica Ltda | 84,560,000 | 20,791,227 | ||||
| S.A | ||||||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA | ||
| 2015 | Delfina A Eólica | Energia Eolica Ltda | 84,560,000 | 20,791,227 | ||||
| S.A | ||||||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA | ||
| 2015 | Delfina B Eólica | Energia Eolica Ltda | 84,560,000 | 20,791,227 | ||||
| S.A | ||||||||
| Brazil | March 2, | 4/30/2017 | Enel Green Power | Vestas do Brasil | BRL | EGP SPA | ||
| 2015 | Delfina A Eólica | Energia Eolica Ltda | 84,560,000 | 20,791,227 |
| S.A | ||||||||
|---|---|---|---|---|---|---|---|---|
| Brazil | May 30, 2015 |
1/20/2016 | ENEL GREEN POWER ESPERANÇA EÓLICA S/A ENEL GREEN POWER ESPERANÇA EÓLICA S/A |
MERCURIUS ENGENHARIA S.A., |
BRL | 40,000,000 | EGP SPA | 9,835,018 |
| Brazil | March 2, 2015 |
4/30/2017 | Enel Green Power Delfina C Eólica S.A |
Vestas do Brasil Energia Eolica Ltda |
BRL | 24,160,000 | EGP SPA | 5,940,351 |
| Chile | May 30, 2015 |
4/15/2016 | Parque Eolico Renaico |
Cobra Chile Servicios S.A |
CLP | 11,000,000,000 | EGP SPA | 14,096,299 |
| Chile | April 30, 2015 |
1/16/2016 | Parque Eólico Taltal S.A., |
Energía Eólica CJR Wind |
CLP | 3,300,000,000 | EGP SPA | 4,228,890 |
| Chile | December 11, 2013 |
Open Ended |
Enel Green Power Chile Limitada |
BBVA | USD | 180,000,000 | EGP SPA | 160,499,331 |
| Chile | December 3, 2014 |
Open ended |
Empresa Electrica Panguipulli S.A. |
BBVA | USD | 180,000,000 | EGP SPA | 160,499,331 |
| Chile | March 12, 2015 |
1/16/2016 | Parque Eólico Renaico SpA |
Vestas Chile Turbinas Eólicas Limitada |
USD | 130,000,000 | EGP SPA | 115,916,184 |
| Chile | March 15, | Open | Enel Latin America | BBVA | USD | EGP SPA |
| 2013 | ended | (Chile) Limitada | 120,000,000 | 106,999,554 | ||||
|---|---|---|---|---|---|---|---|---|
| Chile | July 30, 2013 |
10/30/2018 | Enel Latin America (Chile) Limitada |
Banco de Credito y Inversiones |
USD | 120,000,000 | EGP SPA | 106,999,554 |
| Chile | August 25, 2015 |
2/16/2016 | Panguipulli | Prodiel Agencia en chile |
CLP | 78,000,000 | EGP SPA | 99,956 |
| Chile | August 25, 2015 |
2/16/2016 | Panguipulli | Prodiel Agencia en chile |
USD | 57,000,000 | EGP SPA | 50,824,788 |
| Chile | July 24, 2015 |
5/15/2016 | Parque Eolico Renaico SPA |
Progetti Internatinal Chile S.p.A |
USD | 54,000,000 | EGP SPA | 48,149,799 |
| Chile | July 24, 2015 |
5/15/2016 | Parque Eolico Renaico SPA |
Vestas Chile Turbinas Eolicas Ltda |
USD | 40,000,000 | EGP SPA | 35,666,518 |
| Chile | March 12, 2015 |
Open ended |
Renaico | Vestas Chile Turbinas Eólicas Limitada |
USD | 32,064,750 | EGP SPA | 28,590,950 |
| Chile | May 30, 2015 |
1/16/2016 | Parque Eolico Renaico |
GES | USD | 28,525,480 | EGP SPA | 25,435,114 |
| Chile | July 24, 2015 |
2/15/2016 | Parque Eolico Renaico |
Prodiel Agencia en chile |
USD | 13,000,000 | EGP SPA | 11,591,618 |
| Chile | July 24, 2015 |
5/15/2016 | Parque Eolico Renaico |
Cobra Chile Servicios S.A. |
CLP | 13,000,000,000 | EGP SPA | 16,659,262 |
| Chile | May 30, | 1/15/2016 | Parque Eolico | Prodiel | USD | EGP SPA | ||
|---|---|---|---|---|---|---|---|---|
| 2015 | Renaico | 9,000,000 | 8,024,967 | |||||
| Chile | July 2, 2015 | 12/31/2015 | Panguipulli | Elettronica | USD | EGP SPA | ||
| Santerno SpA | 8,329,364 | 7,426,985 | ||||||
| Chile | March 12, | Open | Renaico | Santerno | USD | EGP SPA | ||
| 2015 | ended | 8,209,833 | 7,320,404 | |||||
| Chile | February | 3/20/2016 | Renaico | Elettronica | USD | EGP SPA | ||
| 26, 2015 | Santerno SpA | 8,025,480 | 7,156,023 | |||||
| Chile | July 6, 2015 | 5/15/2016 | Parque Eolico | GES Siemsa SA | USD | EGP SPA | ||
| Renaico SPA | 5,200,000 | 4,636,647 | ||||||
| Chile | August 4, | 5/15/2016 | Empresa Electrica | GES Siemsa SA | USD | EGP SPA | ||
| 2015 | Panguipulli S.A. | 5,000,000 | 4,458,315 | |||||
| Chile | July 27, | 2/15/2016 | Parque Eolico | Prodiel Agencia en | USD | EGP SPA | ||
| 2015 | Renaico SPA | chile | 3,000,000 | 2,674,989 | ||||
| Chile | July 30, | 12/31/2015 | Empresa Electrica | Chint Electric | USD | EGP SPA | ||
| 2015 | Panguipulli S.A. | International Co Ltd | 2,441,174 | 2,176,704 | ||||
| Egp | September | 3/27/2026 | EGP | Santander | EUR | EGP SPA | ||
| international | 28, 2015 | INTERNATIONAL | 201,087,911 | 201,087,911 | ||||
| Egp | May 29, | 4/26/2024 | Enel Green Power | Eksport Kredit | EUR | EGP SPA | ||
| international | 2015 | International BV | Fonden | 197,217,391 | 197,217,391 | |||
| Egp | June 30, | 12/16/2025 | Enel Green Power | Eksport Kredit | EUR | EGP SPA | ||
| international | 2015 | International BV | Fonden | 127,826,087 | 127,826,087 |
| Egp | September | 12/19/2024 | Enel Green Power | Eksport Kredit | EUR | EGP SPA | ||
|---|---|---|---|---|---|---|---|---|
| international | 1, 2015 | International BV | Fonden | 121,916,667 | 121,916,667 | |||
| Egp | April 20, | 10/19/2023 | Enel Green Power | Eksport Kredit | EUR | EGP SPA | ||
| international | 2015 | International BV | Fonden | 111,265,000 | 111,265,000 | |||
| Greece | December | Open | EGP HELLAS (100% | NATIONAL BANK OF | EUR | EGP SPA | ||
| 17, 2010 | ended | EGP Spa) | GREECE | 6,542,760 | 6,542,760 | |||
| Greece | December | Open | EGP HELLAS (100% | HSBC | EUR | EGP SPA | ||
| 18, 2014 | ended | EGP Spa) | 5,250,000 | 5,250,000 | ||||
| Greece | December | Open | EGP HELLAS (100% | NATIONAL BANK OF | EUR | EGP SPA | ||
| 17, 2010 | ended | EGP Spa) | GREECE | 3,754,560 | 3,754,560 | |||
| Greece | December | Open | EGP HELLAS (100% | NATIONAL BANK OF | EUR | EGP SPA | ||
| 17, 2010 | ended | EGP Spa) | GREECE | 3,285,240 | 3,285,240 | |||
| Mexico | December | Open | Enel Green Power | BBVA | USD | EGP SPA | ||
| 20, 2013 | Ended | Mexico, S.DE R.L. | 180,000,000 | 160,499,331 | ||||
| DE C.V | ||||||||
| Mexico | June 18, | open | EGP SPA | Banco Santader | USD | EGP SPA | ||
| 2015 | ended | 166,632,951 | 148,580,429 | |||||
| Mexico | November | 11/05/2030 | EGP SPA | Banco Santader | USD | EGP SPA | ||
| 5, 2014 | 156,646,554 | 139,675,928 | ||||||
| Mexico | June 14, | 6/14/2019 | INELEC (Sureste - |
BBVA | USD | EGP SPA | ||
| 2013 | La Mata) | 120,000,000 | 106,999,554 | |||||
| Mexico | December | Open | Impulsora | International | USD | EGP SPA | ||
| 7, 2012 | ended | Nacional de | American | 114,000,000 | 101,649,576 | |||
| Electricidad S de |
| RL De CV | Development Bank | |||||||
|---|---|---|---|---|---|---|---|---|
| North america | June 9, 2015 |
Open ended |
Osage | JPM | USD | 167,000,000 | EGP SPA | 148,907,713 |
| North america | September 1, 2015 |
Open ended |
Drift Sand | Vestas | USD | 109,673,962 | EGP SPA | 97,792,209 |
| North america | June 15, 2014 |
Open ended |
Enel Green Power NA, Inc, USA |
General Electric Company |
USD | 74,717,440 | EGP SPA | 66,622,773 |
| North america | June 30, 2014 |
Open Ended |
Buffalo Dunes Wind Project, LLC |
JPM Capital Corporation, Wells Fargo Wind Holdings LLC, Metropolitan Life Insurance Company, State Street Bank and Trust |
USD | 38,911,500 | EGP SPA | 34,695,943 |
| North america | June 30, 2014 |
Open ended |
Chisholm View | JPM Capital Corporation, Wells Fargo Wind Holdings LLC, and Met Life Capital Credit L.P |
USD | 33,538,200 | EGP SPA | 29,904,770 |
| North america | September 4, 2014 |
9/30/2015 | EGP NA | IEA Renewable Energy |
USD | 30,000,000 | EGP SPA | 26,749,889 |
| North america | June 30, 2014 |
Open ended |
Prairie Rose | JPM Capital Corporation, Wells Fargo Wind Holdings LLC, and Met Life Capital Credit L.P |
USD | 27,825,825 | EGP SPA | 24,811,257 |
|---|---|---|---|---|---|---|---|---|
| North america | October 1, 2015 |
Open Ended |
Enel Green Power NA, Inc, USA |
RES America Construction Inc |
USD | 26,200,000 | EGP SPA | 23,361,569 |
| North america | October 1, 2015 |
open ended |
Little elk | RES America construction |
USD | 23,500,000 | EGP SPA | 20,954,079 |
| North america | November 20, 2014 |
Open ended |
EGP NA | JPM Capital Corporation |
USD | 21,389,190 | EGP SPA | 19,071,948 |
| North america | June 30, 2015 |
Open Ended |
EGP NORTH AMERICA |
EFS GREEN POWER HOLDINGS LLC |
USD | 19,600,000 | EGP SPA | 17,476,594 |
| North america | June 30, 2014 |
Open ended |
Enel Green Power NA, Inc, USA |
JPM Capital Corporation, Wells Fargo Wind Holdings LLC, and Met Life Capital Credit L.P |
USD | 18,919,320 | EGP SPA | 16,869,657 |
| North america | February 20, 2014 |
6/13/2099 | Enel Green Power NA, Inc, USA |
JPM Capital Corporation, Wells Fargo Wind Holdings LLC, and Met Life Capital Credit L.P |
USD | 9,656,969 | EGP SPA | 8,610,762 |
| North america | July 1, 2015 | open | Osage | GE Investor | USD | EGP SPA | ||
|---|---|---|---|---|---|---|---|---|
| ended | 7,315,000 | 6,522,514 | ||||||
| North america | January 1, | Open | Origin Wind | Res America | USD | EGP SPA | ||
| 2015 | Ended | Energy, LLC | Costruction Inc | 4,300,000 | 3,834,151 | |||
| North america | August 30, | 8/30/2099 | Prairie Rose | GE Investor | USD | 2,981,000 | EGP SPA | |
| 2012 | 2,658,047 | |||||||
| North america | June 30, | Open | Enel Green Power | EFS Buffalo Dunes | USD | 2,800,000 | EGP SPA | |
| 2014 | ended | NA, Inc, USA | LLC (General | 2,496,656 | ||||
| Electric Financial | ||||||||
| Service) | ||||||||
| North america | October 1, | Open | EGP NA | IEA Renewable | USD | 2,500,000 | EGP SPA | |
| 2015 | ended | Energy | 2,229,157 | |||||
| North america | June 30, | Open | Chisholm View | General Electric | USD | 2,352,000 | EGP SPA | |
| 2014 | ended | Company | 2,097,191 | |||||
| South africa | December | Open | Electra Capital | Nedbank Limited+ | ZAR | 1,319,433,129 | EGP SPA | |
| 10, 2014 | ended | (Pty) Ltd | ABSA | 88,790,924 | ||||
| South africa | December | Open | Electra Capital | Nedbank Limited+ | ZAR | 813,649,808 | EGP SPA | |
| 10, 2014 | ended | (Pty) Ltd | ABSA | 54,754,361 | ||||
| South africa | December | Open | Electra Capital | Nedbank Limited+ | ZAR | 623,230,928 | EGP SPA | |
| 10, 2014 | ended | (Pty) Ltd | ABSA | 41,940,170 | ||||
| South africa | December | Open | Electra Capital | Nedbank Limited+ | ZAR | 563,959,763 | EGP SPA | |
| 10, 2014 | ended | (Pty) Ltd | ABSA | 37,951,532 | ||||
| South africa | December | Open | Electra Capital | Nedbank Limited+ | ZAR | 547,518,210 | EGP SPA | |
| 10, 2014 | ended | (Pty) Ltd | ABSA | 36,845,102 | ||||
|---|---|---|---|---|---|---|---|---|
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 494,096,381 | EGP SPA | 33,250,093 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 354,406,134 | EGP SPA | 23,849,673 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 265,804,600 | EGP SPA | 17,887,254 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 234,543,986 | EGP SPA | 15,783,579 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 231,782,526 | EGP SPA | 15,597,747 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 189,636,036 | EGP SPA | 12,761,510 |
| South africa | December 10, 2014 |
Open ended |
Electra Capital (Pty) Ltd |
Nedbank Limited+ ABSA |
ZAR | 182,664,049 | EGP SPA | 12,292,332 |
| South africa | February 25, 2015 |
open ended |
Gibson Bay | Nordex Energy | USD | 98,669,394 | EGP SPA | 87,979,843 |
| Uruguay | June 24, 2014 |
5/2/2018 | Bosmat S.A. | Nordex USA Inc and Nordex Energy Uruguay S.A |
USD | 59,214,100 | EGP SPA | 52,799,019 |
| Uruguay | June 22, 2015 |
Open ended |
Estrellada | Electaparc | USD | 9,189,040 | EGP SPA | 8,193,527 |
| Uruguay | July 30, 2014 |
08/31/2015 | Bosmat S.A. | JUWI ENERGIEPROJEKTE GMBH |
USD | 3,465,000 | EGP SPA | 3,089,612 |
|---|---|---|---|---|---|---|---|---|
| Brazil | February 23, 2015 |
5/15/2018 | EGP Ituverava Norte S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | February 23, 2015 |
5/15/2018 | EGP Ituverava Norte S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | EGP Ituverava S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | EGP Ituverava S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | EGP Ituverava Sul S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | EGP Ituverava Sul S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | EGP Ituverava Sul S.A. |
CCEE | BRL | 7,831,800 | DEUTSCHE BANK |
1,925,647 |
| Brazil | March 20, 2015 |
3/30/2018 | Delfina B | ANEEL | BRL | 6,000,000 | Banco Santander |
1,475,253 |
| Brazil | March 20, 2015 |
3/30/2018 | Delfina C | ANEEL | BRL | 6,000,000 | Banco Santander |
1,475,253 |
| Brazil | March 20, 2015 |
3/30/2018 | Delfina D | ANEEL | BRL | 6,000,000 | Banco Santander |
1,475,253 |
| Brazil | March 20, 2015 |
3/30/2018 | Delfina E | ANEEL | BRL | 6,000,000 | Banco Santander |
1,475,253 |
|---|---|---|---|---|---|---|---|---|
| Brazil | April 1, 2015 |
5/1/2018 | EGP Boa Vista Eólica S/A |
ANEEL | BRL | 6,000,000 | Banco Santander |
1,475,253 |
| Brazil | March 20, | 3/30/2018 | Enel Green Power | CCEE | BRL | 5,657,721 | DEUTSCHE | |
| 2015 | Delfina A Eólica S.A. |
BANK | 1,391,095 | |||||
| Brazil | March 20, 2015 |
3/30/2018 | Enel Green Power Delfina A Eólica S.A. |
CCEE | BRL | 5,657,721 | DEUTSCHE BANK |
1,391,095 |
| Brazil | March 20, 2015 |
3/30/2018 | Enel Green Power Delfina A Eólica S.A. |
CCEE | BRL | 5,657,721 | DEUTSCHE BANK |
1,391,095 |
| Brazil | March 20, 2015 |
5/1/2018 | Enel Green Power São Abraão Eólica S.A |
ANEEL | BRL | 5,600,000 | Banco Santander |
1,376,902 |
| Brazil | October 20, 2014 |
11/30/2015 | EGP Sao Judas Eolica |
ANEEL | BRL | 5,176,800 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
1,272,848 |
| Brazil | October 20, 2014 |
12/31/2015 | EGP Cristal Eolica | ANEEL | BRL | 5,020,200 | BANCO BILBAO VIZCAYA ARGENTARIA |
1,234,344 |
| S.A. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Brazil | December 1, 2010 |
11/30/2015 | EGP Primavera Eolica |
ANEEL | BRL | 4,951,800 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
1,217,526 |
| Brazil | August 17, 2015 |
4/25/2016 | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
CCEE | BRL | 1,656,000 | Banco Santander |
407,170 |
| Brazil | August 17, 2015 |
4/25/2016 | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
CCEE | BRL | 1,656,000 | Banco Santander |
407,170 |
| Brazil | August 17, 2015 |
4/25/2016 | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
CCEE | BRL | 1,637,700 | Banco Santander |
402,670 |
| Brazil | August 17, 2015 |
4/25/2016 | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
CCEE | BRL | 1,566,756 | Banco Santander |
385,227 |
| Brazil | August 17, 2015 |
4/25/2016 | ENEL GREEN POWER BRASIL PARTICIPAÇÕES LTDA |
CCEE | BRL | 1,566,756 | Banco Santander |
385,227 |
| Brazil | August 17, | 4/25/2016 | ENEL GREEN | CCEE | BRL | 1,552,008 | Banco | |
|---|---|---|---|---|---|---|---|---|
| 2015 | POWER BRASIL | Santander | 381,601 | |||||
| PARTICIPAÇÕES | ||||||||
| LTDA | ||||||||
| Brazil | August 17, | 4/25/2016 | ENEL GREEN | CCEE | BRL | 1,552,008 | Banco | |
| 2015 | POWER BRASIL | Santander | 381,601 | |||||
| PARTICIPAÇÕES | ||||||||
| LTDA | ||||||||
| Brazil | March 15, | 3/11/2015 | Enel Green Power | CHESF - Companhia |
BRL | 1,500,000 | Banco | |
| 2012 | Primavera Eólica | Hidro Elétrica do | Santander | 368,813 | ||||
| S/A | São Francisco | |||||||
| Brazil | March 15, | 3/11/2015 | Enel Green Power | CHESF - Companhia |
BRL | 1,500,000 | Banco | |
| 2012 | Cristal Eolica (99% | Hidro Elétrica do | Santander | 368,813 | ||||
| Enel Brazil | São Francisco | |||||||
| Partecipaoes 1% | ||||||||
| EGP | ||||||||
| Desenvolvimiento) | ||||||||
| Brazil | March 15, | 3/11/2015 | Enel Green Power | CHESF - Companhia |
BRL | 1,500,000 | Banco | |
| 2012 | São Judas Eólica | Hidro Elétrica do | Santander | 368,813 | ||||
| S/A | São Francisco | |||||||
| Brazil | November | 5/18/2015 | Enel Green Power | BRL | 1,131,544 | Banco | ||
| 17, 2014 | Brasil Paricipaçoes | Santander | 278,219 | |||||
| Ltda | ||||||||
| Brazil | November | 5/18/2015 | Enel Green Power | BRL | 1,131,544 | Banco | ||
| 17, 2014 | Brasil Paricipaçoes | Santander | 278,219 | |||||
| Ltda | ||||||||
| Brazil | November | 5/18/2015 | Enel Green Power | BRL | 1,131,544 | Banco | ||
|---|---|---|---|---|---|---|---|---|
| 17, 2014 | Brasil Paricipaçoes | Santander | 278,219 | |||||
| Ltda | ||||||||
| Brazil | March 7, | 11/25/2015 | Fontes dos Ventos | Agencia de | BRL | 1,100,000 | Intesa | |
| 2014 | Solar (99% owned | Desenvolvimento | Sanpaolo | 270,463 | ||||
| by Enel Brasil | Economico de | S.p.A. | ||||||
| Participacoes Ltda | Pernambuco | |||||||
| - 1% owned by | ||||||||
| Endesa Brasil S.A.) | ||||||||
| Brazil | March 7, | 11/25/2015 | Fontes dos Ventos | Agencia de | BRL | 1,100,000 | Intesa | |
| 2014 | Solar (99% owned | Desenvolvimento | Sanpaolo | 270,463 | ||||
| by Enel Brasil | Economico de | S.p.A. | ||||||
| Participacoes Ltda | Pernambuco | |||||||
| - 1% owned by | ||||||||
| Endesa Brasil S.A.) | ||||||||
| Brazil | October 15, | 5/7/2015 | EGP Brasil | CCEE - Câmara de |
BRL | 1,059,043 | Banco | |
| 2014 | Comercialização de | Santander | 260,393 | |||||
| Energia Elétrica | ||||||||
| Brazil | November | 5/18/2015 | Enel Green Power | Camara De | BRL | 1,058,043 | Banco | |
| 17, 2014 | Participaçoes Ltda | Comercializaçao De | Santander | 260,147 | ||||
| Energia (CCEE) | ||||||||
| Brazil | November | 5/18/2015 | Enel Green Power | Camara De | BRL | 1,008,812 | Banco | |
| 17, 2014 | Participaçoes Ltda | Comercializaçao De | Santander | 248,042 | ||||
| Energia (CCEE) | ||||||||
| Brazil | November | 5/18/2015 | Enel Green Power | Camara De | BRL | 1,008,812 | Banco | |
| 17, 2014 | Participaçoes Ltda | Comercializaçao De | Santander | 248,042 | ||||
| Energia (CCEE) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 1,008,812 | Banco Santander |
248,042 |
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 1,008,812 | Banco Santander |
248,042 |
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 1,008,812 | Banco Santander |
248,042 |
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 994,478 | Banco Santander |
244,518 |
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 930,923 | Banco Santander |
228,891 |
| Brazil | November 17, 2014 |
5/18/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 803,783 | Banco Santander |
197,630 |
| Brazil | August 17, 2015 |
4/25/2016 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De Energia (CCEE) |
BRL | 787,054 | Banco Santander |
193,517 |
| Brazil | November 17, 2014 |
11/20/2015 | Enel Green Power Participaçoes Ltda |
Camara De Comercializaçao De |
BRL | 522,552 | Banco Santander |
128,483 |
| Energia (CCEE) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Chile | August 13, 2014 |
8/31/2015 | Enel Chile | Ministerio de Bienes Nacionales |
USD | 5,075,000 | Banco Santander |
4,525,189 |
| Chile | September 9, 2014 |
5/10/2017 | EGP Chile | Camara de Comercializacao de Energia Electrica (CCEE) |
UF | 35,280 | Banco Santander |
1,139,047 |
| Chile | February 5, 2015 |
3/30/2017 | EGP Chile | Ministerio de Bienes Nacionales |
UF | 34,137 | Banco Santander |
1,102,128 |
| Chile | June 12, 2014 |
8/29/2016 | Almeyda Solar | Secretaria Regional Ministerial de Bienes Nacionales |
UF | 32,353 | Banco Santander |
1,044,550 |
| Chile | August 17, 2015 |
9/30/2017 | Enel Green Power Chile Ltda |
Secretaria Reginal Ministerial de BN, Atacama |
UF | 29,757 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
960,730 |
| Chile | August 17, 2015 |
8/30/2017 | Enel Green Power Chile Ltda |
Secretaria Reginal Ministerial de BN, Atacama |
UF | 28,808 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
930,106 |
| Chile | August 17, 2015 |
8/30/2017 | Enel Green Power Chile Ltda |
Secretaria Reginal Ministerial de BN, Atacama |
UF | 27,491 | BANCO BILBAO VIZCAYA |
887,584 |
| ARGENTARIA | ||||||||
|---|---|---|---|---|---|---|---|---|
| S.A. | ||||||||
| Chile | July 30, | 9/30/2018 | Crucero Oeste | Ministerio de | UF | 21,364 | Banco | |
| 2014 | Uno | Bienes nacionales | Santander | 689,756 | ||||
| Chile | October 30, | 1/4/2019 | Crucero este 1 | Ministerio de | Uf | 18,292 | Banco | |
| 2014 | Bienes Nacionales | Santander | 590,574 | |||||
| Chile | July 30, | 9/30/2018 | Crucero Oeste | Ministerio de | UF | 17,978 | Banco | |
| 2014 | Tres | Bienes nacionales | Santander | 580,436 | ||||
| Chile | July 30, | 9/30/2018 | Crucero Oeste | Ministerio de | UF | 16,161 | Banco | |
| 2014 | Cuatro | Bienes nacionales | Santander | 521,773 | ||||
| Chile | July 30, | 9/30/2018 | Crucero Oeste Dos | Ministerio de | UF | 15,404 | Banco | |
| 2014 | Bienes nacionales | Santander | 497,332 | |||||
| Chile | January 30, | 4/30/2017 | EGP Chile | Ministerio de | UF | 13,356 | Intesa | |
| 2015 | Bienes Nacionales | Sanpaolo | 431,211 | |||||
| S.p.A. | ||||||||
| Chile | April 1, | 9/30/2015 | Empresa Electrica | Sociedad | UF | 5,000 | Intesa | |
| 2015 | Panguipulli SA | Concesionaria Elqui | Sanpaolo | 161,430 | ||||
| RUT 96.524.140-K | SA RUT 96.826.380- | S.p.A. | ||||||
| 3 | ||||||||
| Chile | April 1, | 9/30/2015 | Parque Talinay | Sociedad | UF | 5,000 | Intesa | |
| 2015 | Oriente SA RUT | Concesionaria Elqui | Sanpaolo | 161,430 | ||||
| 76.126.507-5 | SA RUT 96.826.380- | S.p.A. | ||||||
| 3 | ||||||||
| Chile | July 30, | 9/30/2018 | Crucero Oeste | Ministerio de | UF | 1,461 | Banco | |
|---|---|---|---|---|---|---|---|---|
| 2014 | Cinco | Bienes nacionales | Santander | 47,170 | ||||
| Chile | April 17, | 10/30/2015 | Enel Green Power | Secretaria Regional | UF | 934 | BANCO | |
| 2015 | Chile Limitada | Ministerial de | BILBAO | 30,159 | ||||
| Bienes Nacionales, | VIZCAYA | |||||||
| Region de | ARGENTARIA | |||||||
| Antofagasta | S.A. | |||||||
| 61.402.000-8 | ||||||||
| Chile | April 17, | 10/30/2015 | Enel Green Power | Secretaria Regional | UF | 915 | BANCO | |
| 2015 | Chile Limitada | Ministerial de | BILBAO | 29,549 | ||||
| Bienes Nacionales, | VIZCAYA | |||||||
| Region de | ARGENTARIA | |||||||
| Antofagasta | S.A. | |||||||
| 61.402.000-8 | ||||||||
| Chile | July 24, | 5/30/2016 | Parque eolico | Secretaria Reginal | UF | 571 | BANCO | |
| 2015 | Renaico SPA | Ministerial de BN, | BILBAO | 18,435 | ||||
| Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 3, | 12/31/2016 | Parque Eolico | Director Regional | UF | 559 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad | BILBAO | 18,048 | ||||
| 76.412.562-2 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 6, | 4/16/2016 | Parque Eolico | Director Regional | UF | 559 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad | BILBAO | 18,048 | ||||
| 76.412.562-2 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
|---|---|---|---|---|---|---|---|---|
| S.A. | ||||||||
| Chile | April 6, | 4/16/2016 | Parque Eolico | Director Regional | UF | 500 | Intesa | |
| 2015 | Renaico SpA RUT | de Vialidad Region | Sanpaolo | 16,143 | ||||
| 76.412.562-2 | de la Araucauia RUT | S.p.A. | ||||||
| 61.202.000.0 | ||||||||
| Chile | April 6, | 7/16/2016 | Parque Eolico | Director Regional | UF | 500 | Intesa | |
| 2015 | Renaico SpA RUT | de Vialidad Region | Sanpaolo | 16,143 | ||||
| 76.412.562-2 | de la Araucauia RUT | S.p.A. | ||||||
| 61.202.000.0 | ||||||||
| Chile | March 1, | 10/30/2015 | Parque Eolico | Secretaria Regional | UF | 498 | BANCO | |
| 2015 | Renaico SpA | Ministerial de | BILBAO | 16,072 | ||||
| Bienes Nacionales | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | March 1, | 10/30/2015 | Parque Eolico | Secretaria Regional | UF | 480 | BANCO | |
| 2015 | Renaico SpA | Ministerial de | BILBAO | 15,496 | ||||
| Bienes Nacionales | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 30, | 10/30/2015 | Enel Green Power | Secretaria regional | UF | 456 | BANCO | |
| 2015 | Chile Limitada | Ministerial de | BILBAO | 14,737 | ||||
| Bienes Nacionales | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 3, | 6/30/2016 | Parque Eolico | Director Regional | UF | 335 | BANCO | |
| Renaico SpA RUT | de Vialidad | BILBAO |
| 2015 | 76.412.562-2 | Antofagasta rut | VIZCAYA | 10,829 | ||||
|---|---|---|---|---|---|---|---|---|
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 6, | 4/16/2016 | Parque Eolico | Director Regional | UF | 335 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad | BILBAO | 10,829 | ||||
| 76.412.562-2 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | July 14, | 6/28/2016 | Enel Latin America | Director Regional | UF | 201 | BANCO | |
| 2015 | (Chile) Limitada | de Vialidad, Region | BILBAO | 6,478 | ||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | July 14, |
12/31/2016 | Enel Latin America | Director Regional | UF | 201 | BANCO | |
| 2015 | (Chile) Limitada | de Vialidad, Region | BILBAO | 6,478 | ||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | March 30, | 12/31/2016 | Crucero Oeste | Director Regional | UF | 201 | BANCO | |
| 2015 | Cinco Spa RUT | de Vialidad | BILBAO | 6,478 | ||||
| 76.238.073-0 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | March 30, | 6/30/2016 | Crucero Oeste | Director Regional | UF | 201 | BANCO | |
| 2015 | Cinco Spa RUT | de Vialidad | BILBAO | 6,478 | ||||
| 76.238.073-0 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Chile | April 1, 2015 |
12/31/2016 | Crucero Oeste Cinco Spa RUT 76.238.073-0 |
Director Regional de Vialidad Antofagasta rut 61.202.000-0 |
UF | 200 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
6,457 |
| Chile | April 6, 2015 |
4/16/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad Region de la Araucauia RUT 61.202.000.0 |
UF | 200 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
6,457 |
| Chile | September 30, 2015 |
4/16/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad Region de la Araucauia RUT 61.202.000.0 |
UF | 199 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
6,425 |
| Chile | March 30, 2015 |
6/30/2016 | Crucero Oeste Cinco Spa RUT 76.238.073-0 |
Director Regional de Vialidad Antofagasta rut 61.202.000-0 |
UF | 120 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
3,887 |
| Chile | April 1, 2015 |
6/30/2016 | Crucero Oeste Cinco Spa RUT 76.238.073-0 |
Director Regional de Vialidad Antofagasta rut 61.202.000-0 |
UF | 120 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
3,887 |
| Chile | September | 6/30/2016 | Crucero Oeste | Director Regional | UF | 120 | BANCO | |
|---|---|---|---|---|---|---|---|---|
| 30, 2015 | Cinco Spa RUT | de Vialidad | BILBAO | 3,887 | ||||
| 76.238.073-0 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | September | 6/30/2016 | Crucero Oeste | Director Regional | UF | 120 | BANCO | |
| 30, 2015 | Cinco Spa RUT | de Vialidad | BILBAO | 3,887 | ||||
| 76.238.073-0 | Antofagasta rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | July 21, | 10/31/2016 | Parque Eolico | Director Regional | UF | 70 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 2,245 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | July 21, | 12/31/2016 | Parque Eolico | Director Regional | UF | 70 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 2,245 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 27, | 12/31/2016 | Parque Eolico | Director Regional | UF | 60 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 1,937 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 27, | 10/31/2016 | Parque Eolico | Director Regional | UF | 60 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 1,937 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
|---|---|---|---|---|---|---|---|---|
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 27, | 12/31/2016 | Parque Eolico | Director Regional | UF | 54 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 1,743 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | April 27, | 10/31/2016 | Parque Eolico | Director Regional | UF | 54 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 1,743 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
| Chile | July 21, | 10/31/2016 | GDN | Director Regional | UF | 42 | BANCO | |
| 2015 | de Vialidad, Región | BILBAO | 1,347 | |||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | July 21, | 12/31/2016 | GDN | Director Regional | UF | 42 | BANCO | |
| 2015 | de Vialidad, Región | BILBAO | 1,347 | |||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 27, | 10/31/2016 | Parque Eolico | Director Regional | UF | 30 | BANCO | |
| 2015 | Renaico SpA RUT | de Vialidad, Region | BILBAO | 969 | ||||
| 76.412.562-2 | de Atacama rut | VIZCAYA | ||||||
| 61.202.000-0 | ARGENTARIA | |||||||
| S.A. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Chile | April 27, 2015 |
12/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 30 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
969 |
| Chile | April 27, 2015 |
10/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 30 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
969 |
| Chile | April 27, 2015 |
12/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 30 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
969 |
| Chile | April 27, 2015 |
12/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 30 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
969 |
| Chile | April 27, 2015 |
12/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 24 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
775 |
| Chile | October 22, | 5/10/2015 | Panguipulli | Directpr regional de | UF | 20 | BANCO | |
|---|---|---|---|---|---|---|---|---|
| 2014 | Vialidad Atacama | BILBAO | 646 | |||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | October 22, | 5/10/2015 | Panguipulli | Directpr regional de | UF | 20 | BANCO | |
| 2014 | Vialidad Atacama | BILBAO | 646 | |||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 18, | 11/30/2015 | Enel Latin America | Director Regional | UF | 20 | BANCO | |
| 2014 | (Chile) Limitada | de Vialidad, Region | BILBAO | 646 | ||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | April 18, | 11/30/2015 | Enel Latin America | Director Regional | UF | 20 | BANCO | |
| 2014 | (Chile) Ltda | de Vialidad,Region | BILBAO | 646 | ||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | June 18, | 1/30/2016 | Enel Latin America | Director Regional | UF | 20 | BANCO | |
| 2014 | (Chile) Limitada | de Vialidad, Region | BILBAO | 646 | ||||
| de Antofagasta | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Chile | June 18, | 1/30/2016 | Enel Latin America | Director Regional | UF | 20 | BANCO | |
| 2014 | Chile Ltda | de Vialidad, Region | BILBAO | 646 | ||||
| de Antofagasta | VIZCAYA ARGENTARIA S.A. |
|||||||
|---|---|---|---|---|---|---|---|---|
| Chile | April 18, 2014 |
11/30/2015 | Enel Latin America Chile Ltda |
Director Regional de Vialidad, Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | April 18, 2014 |
11/30/2015 | Enel Latin America (Chile) Ltda |
Director Regional de Vialidad,Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | June 18, 2014 |
1/30/2016 | Enel Latin America Chile Ltda |
Director Regional de Vialidad, Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | June 18, 2014 |
1/30/2016 | Enel Latin America (Chile) Ltda |
Director Regional de Vialidad,Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | June 18, 2014 |
1/30/2016 | Enel Latin America (Chile) Ltda |
Director Regional de Vialidad,Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA |
452 |
| S.A. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Chile | June 18, 2014 |
1/30/2016 | Enel Latin America (Chile) Ltda |
Director Regional de Vialidad,Region de Antofagasta |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | April 27, 2015 |
10/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Chile | April 27, 2015 |
10/31/2016 | Parque Eolico Renaico SpA RUT 76.412.562-2 |
Director Regional de Vialidad, Region de Atacama rut 61.202.000-0 |
UF | 14 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
452 |
| Costa rica | July 28, 2010 |
8/15/2016 | Molinos de Viento del Arenal |
Ministerio de Energia y Medio Ambiente |
CRC | 12,000,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
20,641 |
| Costa rica | January 1, 2015 |
4/8/2016 | PH Chucas S.A. Owned 62,02% by ENEL COSTA RICA(owned 100% by ELABV) |
INSTITUTO COSTARRICENSE DE ELECTRICIDAD(ICE) |
USD | 5,500,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
4,904,146 |
| Costa rica | September | 9/17/2016 | PH Chucas | Sinohydro | USD | CITIBANK | ||
|---|---|---|---|---|---|---|---|---|
| 17, 2014 | 4,117,496 | N.A. | 3,671,419 | |||||
| Costa rica | September | 2/12/2016 | PH Chucas | Ministerio | USD | BANCO | ||
| 17, 2010 | Ambiente Energia | 2,866,101 | BILBAO | 2,555,596 | ||||
| Costa Rica | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Costa rica | January 1, | 5/10/2016 | PH Rio Volcan | Ministerio de | USD | BANCO | ||
| 2015 | owned 99.07% by | Ambiento, Energia y | 234,550 | BILBAO | 209,139 | |||
| Enel Costa Rica | Telecomunicaciones | VIZCAYA | ||||||
| (owned 100% by | - Secretaria Tecnica | ARGENTARIA | ||||||
| ElaBV) | Nacional Ambiental | S.A. | ||||||
| ( SETENA) | ||||||||
| Costa rica | January 1, | 5/10/2016 | PH Don Pedro |
Ministerio de | USD | BANCO | ||
| 2015 | owned 99.42% by | Ambiento, Energia y | 180,796 | BILBAO | 161,209 | |||
| enel costa rica | Telecomunicaciones | VIZCAYA | ||||||
| (owned 100% by | - Secretaria Tecnica | ARGENTARIA | ||||||
| ELABV) | Nacional Ambiental | S.A. | ||||||
| ( SETENA) | ||||||||
| Egypt | April 15, | 5/20/2016 | EGP Egypt | USD | HSBC BANK | |||
| 2015 | 5,000,000 | PLC | 4,458,315 | |||||
| Egypt | June 11, | 6/12/2016 | EGP Egypt | New & Renewable | USD | BARCLAYS | ||
| 2015 | Energy Authority | 750,000 | BANK PLC | 668,747 | ||||
| Egypt | June 11, | 6/12/2016 | EGP Egypt | New & Renewable | USD | BARCLAYS | ||
| 2015 | Energy Authority | 650,000 | BANK PLC | 579,581 |
| Egypt | June 11, | 6/12/2016 | EGP Egypt | New & Renewable | USD | BARCLAYS | ||
|---|---|---|---|---|---|---|---|---|
| 2015 | Energy Authority | 650,000 | BANK PLC | 579,581 | ||||
| Espana | June 4, | 12/31/2099 | EGPE | MEFF Tecnologia y | EUR | BANCO | ||
| 2012 | Servicios S.A.U. | 3,500,000 | BILBAO | 3,500,000 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | June 4, | 12/31/2099 | EGPE | OMI, Polo Espanol | EUR | BANCO | ||
| 2012 | S.A. (OMIE) | 2,500,000 | BILBAO | 2,500,000 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | May 18, | Open | Enel Green Power | Consellería de | Eur | BANCO | ||
| 2015 | Ended | Espana SL | Facenda de la Xunta | 2,016,375 | BILBAO | 2,016,375 | ||
| de Galicia | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | May 3, | 12/31/2099 | Parque Eólico | Servicio Territorial | EUR | BANCO | ||
| 2012 | Sierra del Madero, | de Industria, | 1,012,500 | BILBAO | 1,012,500 | |||
| S.A. | Turismo y Comercio | VIZCAYA | ||||||
| de Soria de la Junta | ARGENTARIA | |||||||
| de Castilla y León | S.A. | |||||||
| Espana | November | 12/31/2099 | EGPE | Dirección General | EUR | BANCO | ||
| 11, 2011 | de Industria, | 960,000 | BILBAO | 960,000 | ||||
| Energía y Minas de | VIZCAYA | |||||||
| la Consellería de | ARGENTARIA | |||||||
| Economía e | S.A. | |||||||
| Industria de la Xunta de Galicia |
||||||||
|---|---|---|---|---|---|---|---|---|
| Espana | November 11, 2011 |
12/31/2099 | EGPE | Dirección General de Industria, Energía y Minas de la Consellería de Economía e Industria de la Xunta de Galicia |
EUR | 960,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
960,000 |
| Espana | November 20, 2012 |
12/31/2099 | EGPE | Ayuntamiento de Campillos |
EUR | 887,082 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
887,082 |
| Espana | June 24, 2015 |
6/24/2020 | ENEL GREEN POWER Espana |
Instituto valenciano de Competitividad empresarial |
eur | 884,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
884,000 |
| Espana | September 12, 2011 |
9/9/2012 | EGPE | Dirección General de Política Energética y Minas, Ministerio de Industria, Turismo y Comercio |
EUR | 880,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
880,000 |
| Espana | November 11, 2011 |
12/31/2099 | EGPE | Dirección General de Industria, |
EUR | 840,000 | BANCO BILBAO |
840,000 |
| Energía y Minas de | VIZCAYA | |||||||
|---|---|---|---|---|---|---|---|---|
| la Consellería de | ARGENTARIA | |||||||
| Economía e | S.A. | |||||||
| Industria de la | ||||||||
| Xunta de Galicia | ||||||||
| Espana | March 28, | 12/31/2099 | Enel Green Power | Dirección General | EUR | BANCO | ||
| 2012 | Extremadura, S.L: | de Política | 840,000 | BILBAO | 840,000 | |||
| Energética y Minas | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | June 15, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2012 | Almargen | 774,155 | BILBAO | 774,155 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | May 3, | 12/31/2099 | Parque Eólico | Servicio Territorial | EUR | BANCO | ||
| 2012 | Sierra del Madero, | de Industria, | 759,375 | BILBAO | 759,375 | |||
| S.A. | Turismo y Comercio | VIZCAYA | ||||||
| de Soria de la Junta | ARGENTARIA | |||||||
| de Castilla y León | S.A. | |||||||
| Espana | September | 9/9/2012 | EGPE | Dirección General | EUR | BANCO | ||
| 12, 2011 | de Política | 640,000 | BILBAO | 640,000 | ||||
| Energética y Minas, | VIZCAYA | |||||||
| Ministerio de | ARGENTARIA | |||||||
| Industria, Turismo y | S.A. | |||||||
| Comercio | ||||||||
| Espana | September | 9/9/2012 | EGPE | Dirección General | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 12, 2011 | de Política | 640,000 | BILBAO | 640,000 | ||||
| Energética y Minas, | VIZCAYA | |||||||
| Ministerio de | ARGENTARIA | |||||||
| Industria, Turismo y | S.A. | |||||||
| Comercio | ||||||||
| Espana | June 26, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2012 | Campillos | 620,006 | BILBAO | 620,006 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | July 15, | 7/15/2016 | Sociedad | Servicio Territorial | EUR | BANCO | ||
| 2011 | Productor | de Industria, | 605,830 | BILBAO | 605,830 | |||
| Regional de | Comercio y Turismo | VIZCAYA | ||||||
| Energía Renovable | de la Junta de | ARGENTARIA | ||||||
| II | Castilla y León en | S.A. | ||||||
| Ávila | ||||||||
| Espana | September | 12/31/2099 | EGP Espana | Ayuntamiento de | EUR | BANCO | ||
| 29, 2014 | Malagon | 595,317 | BILBAO | 595,317 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | December | 12/31/2029 | EGP Espana | Comunidad de | EUR | BANCO | ||
| 9, 2014 | Bienes Boimente | 589,044 | BILBAO | 589,044 | ||||
| Ludrio | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | April 20, | 12/31/2099 | EGPE | Departamento de | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 2011 | Industria, Comercio | 546,496 | BILBAO | 546,496 | ||||
| y Turismo del | VIZCAYA | |||||||
| Gobierno de Aragón | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | July 31, | Open | Enel Green Power | Patronato de | Eur | BANCO | ||
| 2015 | ended | Espana | Recaudacion | 543,310 | BILBAO | 543,310 | ||
| Provincial de | VIZCAYA | |||||||
| Malaga | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | May 25, | Open | Enel Green Power | Consellería de | Eur | BANCO | ||
| 2015 | Ended | Espana SL | Facenda de la Xunta | 538,740 | BILBAO | 538,740 | ||
| de Galicia | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | August 22, | 8/19/2012 | EGPE | Dirección General | EUR | BANCO | ||
| 2011 | de Política | 520,000 | BILBAO | 520,000 | ||||
| Energética y Minas | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | August 22, | 8/19/2012 | TAUSTE ENERGIA | Departamento de | EUR | BANCO | ||
| 2011 | DISTRIBUIDA SL | Industria, Comercio | 480,000 | BILBAO | 480,000 | |||
| y Turismo del | VIZCAYA | |||||||
| Gobierno de Aragon | ARGENTARIA | |||||||
| 1/2 BBVA Madrid | S.A. | |||||||
| Espana | August 22, | 8/19/2012 | TAUSTE ENERGIA | Dirección General | EUR | BANCO | ||
| 2011 | DISTRIBUIDA SL | de Política | 480,000 | BILBAO | 480,000 | |||
| Energética y Minas | VIZCAYA | |||||||
|---|---|---|---|---|---|---|---|---|
| 1/2 BBVA Madrid | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | July 11, | 7/15/2016 | Sociedad | Servicio Territorial | EUR | BANCO | ||
| 2011 | Productor | de Industria, | 464,000 | BILBAO | 464,000 | |||
| Regional de | Comercio y Turismo | VIZCAYA | ||||||
| Energía Renovable | de la Junta de | ARGENTARIA | ||||||
| II | Castilla y León en | S.A. | ||||||
| Ávila | ||||||||
| Espana | July 15, | 7/15/2016 | Sociedad | Servicio Territorial | EUR | BANCO | ||
| 2011 | Productor | de Industria, | 427,800 | BILBAO | 427,800 | |||
| Regional de | Comercio y Turismo | VIZCAYA | ||||||
| Energía Renovable | de la Junta de | ARGENTARIA | ||||||
| II | Castilla y León en | S.A. | ||||||
| Ávila | ||||||||
| Espana | February | 12/31/2099 | EGPE | Consejería de | EUR | BANCO | ||
| 18, 2013 | empleo y desarrollo | 420,000 | BILBAO | 420,000 | ||||
| tecnológico de la | VIZCAYA | |||||||
| Junta de Andalucía, | ARGENTARIA | |||||||
| dirección general | S.A. | |||||||
| de industria, | ||||||||
| energía y minas. | ||||||||
| Espana | April 19, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2013 | Sobras (Local Concil | 399,129 | BILBAO | 399,129 | ||||
| of Sobras) | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | November | 12/31/2099 | EUFER | Dirección General | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 30, 2011 | de Política | 368,000 | BILBAO | 368,000 | ||||
| Energética y Minas | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | November | 12/31/2099 | Productor de | Servicio Territorial | EUR | BANCO | ||
| 15, 2011 | Energía Renovable | de Industria, | 361,000 | BILBAO | 361,000 | |||
| III, S.A. | Comercio y Turismo | VIZCAYA | ||||||
| de Burgos | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | February | 12/31/2099 | EGPE | Dirección General | EUR | BANCO | ||
| 18, 2013 | de Industria, | 360,000 | BILBAO | 360,000 | ||||
| Energía y Minas de | VIZCAYA | |||||||
| la Consejería de | ARGENTARIA | |||||||
| Innovación, Ciencia | S.A. | |||||||
| y Empresa | ||||||||
| Espana | June 26, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2012 | TEBA | 347,923 | BILBAO | 347,923 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | November | 12/31/2099 | Prorener I | Servicio Territorial | EUR | BANCO | ||
| 25, 2010 | de Industria, | 306,250 | BILBAO | 306,250 | ||||
| Comercio y Turismo | VIZCAYA | |||||||
| de Burgos | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | November | 12/31/2070 | EGPE | Dirección General | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 11, 2011 | de Industria, | 280,000 | BILBAO | 280,000 | ||||
| Energía y Minas de | VIZCAYA | |||||||
| la Consellería de | ARGENTARIA | |||||||
| Economía e | S.A. | |||||||
| Industria de la | ||||||||
| Xunta de Galicia | ||||||||
| Espana | February | 12/31/2099 | EGPE | Dirección General | EUR | BANCO | ||
| 18, 2013 | de Industria, | 280,000 | BILBAO | 280,000 | ||||
| Energía y Minas de | VIZCAYA | |||||||
| la Consejería de | ARGENTARIA | |||||||
| Innovación, Ciencia | S.A. | |||||||
| y Empresa | ||||||||
| Espana | July 31, | Open | ENEL GREEN | Direccion General | Eur | BANCO | ||
| 2015 | ended | POWER ESPAÑA | de Politica | 280,000 | BILBAO | 280,000 | ||
| S.L. | Energetica y Minas. | VIZCAYA | ||||||
| Ministerio de | ARGENTARIA | |||||||
| Industria, Energia y | S.A. | |||||||
| Turismo | ||||||||
| Espana | August 22, | 8/19/2012 | ARANORT | Departamento de | EUR | BANCO | ||
| 2011 | DESARROLOS, S.L. | Industria, Comercio | 244,800 | BILBAO | 244,800 | |||
| y Turismo del | VIZCAYA | |||||||
| Gobierno de Aragon | ARGENTARIA | |||||||
| 1/2 BBVA Madrid | S.A. | |||||||
| Espana | August 22, | 8/19/2012 | ARANORT | Dirección General | EUR | BANCO | ||
| 2011 | DESARROLOS, S.L. | de Política | 244,800 | BILBAO | 244,800 | |||
| Energética y Minas | VIZCAYA | |||||||
| ARGENTARIA |
| 1/2 BBVA Madrid | S.A. | |||||||
|---|---|---|---|---|---|---|---|---|
| Espana | August 22, 2011 |
8/19/2012 | Bosa del Ebro, S.L. | Departamento de Industria, Comercio y Turismo del Gobierno de Aragon 1/2 BBVA Madrid |
EUR | 244,800 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
244,800 |
| Espana | August 22, 2011 |
8/19/2012 | Bosa del Ebro, S.L. | Dirección General de Política Energética y Minas 1/2 BBVA Madrid |
EUR | 244,800 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
244,800 |
| Espana | March 28, 2012 |
12/31/2099 | Enel Green Power Extremadura, S.L: |
Dirección General de Política Energética y Minas |
EUR | 240,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
240,000 |
| Espana | March 28, 2012 |
12/31/2099 | Enel Green Power Extremadura, S.L: |
Dirección General de Política Energética y Minas |
EUR | 240,000 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
240,000 |
| Espana | November 30, 2012 |
12/31/2099 | EGPE | Ayuntamiento de Campillos |
EUR | 219,271 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
219,271 |
| Espana | November | 12/31/2099 | SOLYVENT | Departamento de | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 30, 2011 | DESARROLLOS SL | Industria, Comercio | 204,000 | BILBAO | 204,000 | |||
| y Turismo del | VIZCAYA | |||||||
| Gobierno de Aragon | ARGENTARIA | |||||||
| 1/2 BBVA Madrid | S.A. | |||||||
| Espana | August 22, | 8/19/2012 | SOLYVENT | Dirección General | EUR | BANCO | ||
| 2011 | DESARROLLOS SL | de Política | 204,000 | BILBAO | 204,000 | |||
| Energética y Minas | VIZCAYA | |||||||
| 1/2 BBVA Madrid | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | August 22, | 8/19/2012 | Luzista | Departamento de | EUR | BANCO | ||
| 2011 | Engineering, S.L. | Industria, Comercio | 204,000 | BILBAO | 204,000 | |||
| y Turismo del | VIZCAYA | |||||||
| Gobierno de Aragon | ARGENTARIA | |||||||
| 1/2 BBVA Madrid | S.A. | |||||||
| Espana | August 22, | 8/19/2012 | Luzista | Dirección General | EUR | BANCO | ||
| 2011 | Engineering, S.L. | de Política | 204,000 | BILBAO | 204,000 | |||
| Energética y Minas | VIZCAYA | |||||||
| 1/2 BBVA Madrid | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | February | 2/20/2019 | Aguilon 20 S.A. - |
Ayuntamiento de | EUR | BANCO | ||
| 25, 2014 | 51%EGP Iberia SL, | Aguilon | 184,727 | BILBAO | 184,727 | |||
| 49% General | VIZCAYA | |||||||
| Eolica Aragonesa | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | May 25, | Open | Enel Green Power | Consellería de | Eur | BANCO | ||
| 2015 | Ended | Espana SL | Facenda de la Xunta | 177,013 | BILBAO | 177,013 | ||
| de Galicia | VIZCAYA | |||||||
|---|---|---|---|---|---|---|---|---|
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | June 28, | 12/31/2099 | Aguilon 20 S.A. - |
Ayuntamiento de | EUR | BANCO | ||
| 2013 | 51%EGP Iberia SL, | Aguilon | 150,000 | BILBAO | 150,000 | |||
| 49% General | VIZCAYA | |||||||
| Eolica Aragonesa | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | August 2, | 12/31/2025 | EGPE | Dirección General | EUR | BANCO | ||
| 2010 | de Política | 136,000 | BILBAO | 136,000 | ||||
| Energética y Minas | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | May 9, | 5/14/2014 | EGPE | AYUNTAMIENTO DE | EUR | BANCO | ||
| 2011 | VEJER DE LA | 112,172 | BILBAO | 112,172 | ||||
| FRONTERA | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | August 7, | 12/29/2024 | Prorener II | Corporación | EUR | Intesa | ||
| 2002 | Acciona Eólica S.L. | 100,000 | Sanpaolo | 100,000 | ||||
| S.p.A. | ||||||||
| Espana | February | 2/26/2024 | Eólicas de Agaete, | Consejería de | EUR | Intesa | ||
| 28, 2014 | S.L. | empleo, industria y | 100,000 | Sanpaolo | 100,000 | |||
| comercio del | S.p.A. | |||||||
| Gobierno de | ||||||||
| Canarias | ||||||||
| Espana | November | open | Eolicas de Agaete | Direccion General | EUR | Intesa | ||
|---|---|---|---|---|---|---|---|---|
| 12, 2014 | ended | de Politica | 100,000 | Sanpaolo | 100,000 | |||
| Energetica y Minas | S.p.A. | |||||||
| del Ministerio de | ||||||||
| Industria, Energia y | ||||||||
| Turismo | ||||||||
| Espana | November | open | Eolicas de Tirajana | Direccion General | EUR | Intesa | ||
| 12, 2014 | ended | de Politica | 100,000 | Sanpaolo | 100,000 | |||
| Energetica y Minas | S.p.A. | |||||||
| del Ministerio de | ||||||||
| Industria, Energia y | ||||||||
| Turismo | ||||||||
| Espana | January 8, | 12/31/2099 | EGPE | Ayuntamento de | EUR | BANCO | ||
| 2013 | Campillos | 90,513 | BILBAO | 90,513 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | October 30, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2012 | Campillos | 90,025 | BILBAO | 90,025 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | July 25, | 12/31/2050 | SIERRA DEL | SORIA | EUR | BANCO | ||
| 2013 | MADERO SA | DEPUTATION, | 87,450 | BILBAO | 87,450 | |||
| SORIA, CASTILLA Y | VIZCAYA | |||||||
| LEON | ARGENTARIA | |||||||
| S.A. | ||||||||
| Espana | April 2, | 4/3/2016 | Parque Eolico | Ayuntamiento de | EUR | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 2014 | Belmonte S.A. | Belmonte de | 85,509 | BILBAO | 85,509 | |||
| Miranda | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | June 15, | 12/31/2099 | EGPE | Ayuntamiento de |
EUR | BANCO | ||
| 2012 | Campillos | 73,158 | BILBAO | 73,158 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | June 15, | 12/31/2099 | EGPE | Ayuntamiento de | EUR | BANCO | ||
| 2012 | Campillos | 56,085 | BILBAO | 56,085 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Espana | March 18, | 3/18/2015 | EGPE | Secretaria Xeral of | EUR | BANCO | ||
| 2014 | Calidade and | 6,688 | BILBAO | 6,688 | ||||
| Avaliacion | VIZCAYA | |||||||
| Ambiental from the | ARGENTARIA | |||||||
| Conselleria of | S.A. | |||||||
| Medio Ambiente , | ||||||||
| Territorio and | ||||||||
| Infraestructuras | ||||||||
| from the Xunta de | ||||||||
| Galicia | ||||||||
| Espana | July 1, 2015 | 11/30/2015 | ENEL GREEN | Ayuntamiento | EUR | Intesa | ||
| POWER ESPAÑA | Santa María del | 5,000 | Sanpaolo | 5,000 | ||||
| S.L. | Cubillo | S.p.A. | ||||||
|---|---|---|---|---|---|---|---|---|
| Greece | September 13, 2013 |
3/13/2016 | WIND PARKS OF KATHARAS S.A. (80% EGP Spa) |
MINISTRY OF DEVELOPMENT, COMPETITIVENESS, INFRASTRUCTURES, TRANSPORTATION & NETWORKS |
EUR | 6,468,000 | HSBC BANK PLC |
6,468,000 |
| Greece | December 17, 2014 |
open ended |
Katharas | Ministry | EUR | 6,468,000 | HSBC BANK PLC |
6,468,000 |
| Greece | September 13, 2013 |
3/13/2016 | WIND PARKS OF Spilias S.A. (80% EGP Spa) |
MINISTRY OF DEVELOPMENT, COMPETITIVENESS, INFRASTRUCTURES, TRANSPORTATION & NETWORKS |
EUR | 6,006,000 | HSBC BANK PLC |
6,006,000 |
| Greece | December 17, 2014 |
12/31/2050 | Spilias | Ministry | EUR | 6,006,000 | HSBC BANK PLC |
6,006,000 |
| Greece | December 17, 2014 |
open ended |
Kerasia | Ministry | EUR | 5,545,000 | BARCLAYS BANK PLC |
5,545,000 |
| Greece | September 13, 2013 |
3/13/2016 | WIND PARKS OF KERASIAS S.A. (80% EGP Spa) |
MINISTRY OF DEVELOPMENT, COMPETITIVENESS, INFRASTRUCTURES, TRANSPORTATION & NETWORKS |
EUR | 5,545,000 | BARCLAYS BANK PLC |
5,545,000 |
| Greece | August 14, | 12/31/2099 | Solar Mora S.A | Ministery for | EUR | HSBC BANK | ||
|---|---|---|---|---|---|---|---|---|
| 2012 | 100% EGP | Development, | 5,006,540 | PLC | 5,006,540 | |||
| Competitieveness, | ||||||||
| Infrastructure and | ||||||||
| network | ||||||||
| Greece | December | 12/31/2050 | Milias | Ministry | EUR | BARCLAYS | ||
| 16, 2014 | 4,265,000 | BANK PLC | 4,265,000 | |||||
| Greece | September | 3/13/2016 | WIND PARKS OF | MINISTRY OF | EUR | HSBC BANK | ||
| 13, 2013 | MILIAS S.A. (80% | DEVELOPMENT, | 4,263,485 | PLC | 4,263,485 | |||
| EGP Spa) | COMPETITIVENESS, | |||||||
| INFRASTRUCTURES, | ||||||||
| TRANSPORTATION | ||||||||
| & NETWORKS | ||||||||
| Greece | September | 3/13/2016 | WIND PARKS OF | MINISTRY OF | EUR | HSBC BANK | ||
| 13, 2013 | MYTIKAS S.A. | DEVELOPMENT, | 3,696,000 | PLC | 3,696,000 | |||
| (80% EGP Spa) | COMPETITIVENESS, | |||||||
| INFRASTRUCTURES, | ||||||||
| TRANSPORTATION | ||||||||
| & NETWORKS | ||||||||
| Greece | December | open | Mytika | Ministry | EUR | HSBC BANK | ||
| 17, 2014 | ended | 3,696,000 | PLC | 3,696,000 | ||||
| Greece | December | open | Prinias | Ministry | EUR | BARCLAYS | ||
| 17, 2014 | ended | 3,235,000 | BANK PLC | 3,235,000 | ||||
| Greece | September | 3/13/2016 | WIND PARKS OF | MINISTRY OF | EUR | HSBC BANK | ||
| 13, 2013 | Aantolis - Prinias | DEVELOPMENT, | 3,234,000 | PLC | 3,234,000 | |||
| SA (80% EGP Spa) | COMPETITIVENESS, | |||||||
| INFRASTRUCTURES, |
| TRANSPORTATION | ||||||||
|---|---|---|---|---|---|---|---|---|
| & NETWORKS | ||||||||
| Greece | September | 3/13/2016 | WIND PARKS OF | MINISTRY OF | EUR | HSBC BANK | ||
| 13, 2013 | Palaiopyrgos S.A. | DEVELOPMENT, | 2,772,000 | PLC | 2,772,000 | |||
| (80% EGP Spa) | COMPETITIVENESS, | |||||||
| INFRASTRUCTURES, | ||||||||
| TRANSPORTATION | ||||||||
| & NETWORKS | ||||||||
| Greece | September | 3/13/2016 | WIND PARKS OF | MINISTRY OF | EUR | HSBC BANK | ||
| 13, 2013 | Platanos S.A. (80% | DEVELOPMENT, | 2,772,000 | PLC | 2,772,000 | |||
| EGP Spa) | COMPETITIVENESS, | |||||||
| INFRASTRUCTURES, | ||||||||
| TRANSPORTATION | ||||||||
| & NETWORKS | ||||||||
| Greece | December | open | Platanos | Ministry | EUR | HSBC BANK | ||
| 17, 2014 | ended | 2,772,000 | PLC | 2,772,000 | ||||
| Greece | November | 6/30/2015 | Solar Mora S.A | Ministry of | EUR | HSBC BANK | ||
| 7, 2013 | 100% EGP | Development and | 1,430,000 | PLC | 1,430,000 | |||
| Competitiveness | ||||||||
| Greece | January 29, | 1/29/2017 | Katharas (Part of | Independent Power | EUR | HSBC BANK | ||
| 2015 | Kafireas project) | Transmission | 387,000 | PLC | 387,000 | |||
| Operator | ||||||||
| Greece | January 29, | 1/29/2017 | Mytika (Part of | Independent Power | EUR | HSBC BANK | ||
| 2015 | Kafireas project) | Transmission | 364,000 | PLC | 364,000 | |||
| Operator |
| Greece | January 29, | 1/29/2017 | Spilias (Part of | Independent Power | EUR | HSBC BANK | ||
|---|---|---|---|---|---|---|---|---|
| 2015 | Kafireas project) | Transmission | 364,000 | PLC | 364,000 | |||
| Operator | ||||||||
| Greece | January 29, | 1/29/2017 | Kerasias (Part of |
Independent Power | EUR | HSBC BANK | ||
| 2015 | Kafireas project) | Transmission | 341,000 | PLC | 341,000 | |||
| Operator | ||||||||
| Greece | January 29, | 1/29/2017 | Milias (Part of | Independent Power | EUR | HSBC BANK | ||
| 2015 | Kafireas project) | Transmission | 249,000 | PLC | 249,000 | |||
| Operator | ||||||||
| Greece | January 29, | 1/29/2017 | Platanos (Part of | Independent Power | EUR | HSBC BANK | ||
| 2015 | Kafireas project) | Transmission | 203,000 | PLC | 203,000 | |||
| Operator | ||||||||
| Greece | January 29, | 1/29/2017 | Palaiopyrgos (Part | Independent Power | EUR | HSBC BANK | ||
| 2015 | of Kafireas | Transmission | 203,000 | PLC | 203,000 | |||
| project) | Operator | |||||||
| Greece | July 10, | 7/7/2017 | EGP Hellas | The municpality of | EUR | HSBC BANK | ||
| 2014 | Veria | 11,775 | PLC | 11,775 | ||||
| Mexico | December | 12/13/2016 | Dominica Energia | Secretaria del | MXN | BANCO | ||
| 10, 2014 | Limpia | Medio ambiente y | 11,374,424 | BILBAO | 601,408 | |||
| recursos naturales | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Mexico | May 25, | 5/21/2016 | Energias | CFE | USD | BARCLAYS | ||
| 2015 | Renovables la | 7,500,000 | BANK PLC | 6,687,472 | ||||
| Mata SAPI de CV | ||||||||
| Mexico | January 30, | Open | Impulsora | Comision Federal | USD | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 2012 | ended | Nacional de | de Electricidad | 4,065,000 | BILBAO | 3,624,610 | ||
| Electricidad S de | VIZCAYA | |||||||
| RL De CV | ARGENTARIA | |||||||
| S.A. | ||||||||
| Mexico | September | 9/17/2015 | Dominicana | Secretaria Del | MXN | BANCO | ||
| 17, 2014 | Energia Limpia S | Medio Ambiente y | 2,060,393 | BILBAO | 108,941 | |||
| de RL de CV 100% | Recursos Naturales | VIZCAYA | ||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Mexico | September | 9/17/2015 | Dominicana | Secretaria de | MXN | BANCO | ||
| 17, 2014 | Energia Limpia S | Ecologia y Gestion | 1,370,000 | BILBAO | 72,437 | |||
| de RL de CV 100% | Ambiental de | VIZCAYA | ||||||
| Mexico | ARGENTARIA | |||||||
| S.A. | ||||||||
| Mexico | March 1, | Open | Impulsora | Comision Federal | USD | Banco | ||
| 2013 | ended | Nacional de | de Electricidad | 1,016,250 | Santander | 906,152 | ||
| Electricidad S de | ||||||||
| RL De CV | ||||||||
| Mexico | September | 9/12/2015 | Dominicana | Secretaria Del | MXN | BANCO | ||
| 17, 2014 | Energia Limpia S | Medio Ambiente y | 570,903 | BILBAO | 30,186 | |||
| de RL de CV 100% | Recursos Naturales | VIZCAYA | ||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Mexico | September | 10/30/2016 | Vientos de | Ministerio de | MXN | BANCO | ||
| 22, 2015 | Altiplano | Bienes Naturales | 261,886 | BILBAO | 13,847 | |||
| VIZCAYA |
| ARGENTARIA | ||||||||
|---|---|---|---|---|---|---|---|---|
| S.A. | ||||||||
| North America | August 6, | 3/5/2015 | EGPNA | General Electric | USD | DEUTSCHE | ||
| 2014 | Company | 24,850,485 | BANK | 22,158,257 | ||||
| North America | March 6, | 3/5/2016 | Aurora Distributed | Northern States | USD | HSBC BANK | ||
| 2015 | Solar LLC | Power Company | 17,500,000 | PLC | 15,604,102 | |||
| North America | September | 5/25/2013 | Enel Green Power | Alabama Power | USD | HSBC BANK | ||
| 5, 2012 | NA, Inc, USA | Company | 16,826,600 | PLC | 15,003,656 | |||
| North America | February | 12/31/2033 | Enel Green Power | Alabama Power | USD | HSBC BANK | ||
| 27, 2013 | NA, Inc, USA | Company | 16,826,600 | PLC | 15,003,656 | |||
| North America | April 5, | 12/31/2033 | Enel Green Power | SOUTHWEST | USD | HSBC BANK | ||
| 2013 | NA, Inc, USA | POWER POOL INC. | 13,200,000 | PLC | 11,769,951 | |||
| North America | October 21, | 12/31/2032 | Rocky Ridge | WESTERN FARMERS | USD | HSBC BANK | ||
| 2013 | ELECTRIC | 10,000,000 | PLC | 8,916,630 | ||||
| COOPERATIVE | ||||||||
| North America | April 30, | 4/1/2016 | Enel Green Power | SOUTHWEST | USD | HSBC BANK | ||
| 2014 | NA, Inc, USA | POWER POOL INC. | 7,700,000 | PLC | 6,865,805 | |||
| North America | June 26, | 12/31/2046 | Lindahl Wind | Basin electric Power | USD | Banco | ||
| 2015 | Project LLC | Cooperative | 6,000,000 | Santander | 5,349,978 | |||
| North America | July 23, | 12/31/2013 | Enel Green Power | Nevada Power | USD | HSBC BANK | ||
| 2012 | NA, Inc, USA | Company | 4,200,000 | PLC | 3,744,984 | |||
| North America | April 15, | Open | Enel Green Power | SOUTHWEST | USD | HSBC BANK | ||
| 2014 | ended | NA, Inc, USA | POWER POOL INC. | 3,650,000 | PLC | 3,254,570 |
| North America | December | 12/31/2026 | Gauley River | WIILMINGTON | USD | BANCO | ||
|---|---|---|---|---|---|---|---|---|
| 13, 2010 | TRUST COMPANY | 2,344,596 | BILBAO | 2,090,589 | ||||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| North America | February | 12/31/2010 | Prairie Rose | NORTHERN STATES |
USD | Intesa | ||
| 28, 2008 | POWER COMPANY | 1,750,000 | Sanpaolo | 1,560,410 | ||||
| S.p.A. | ||||||||
| North America | August 13, | 12/30/2017 | Enel Green Power | Goldwind USA , Inc | USD | HSBC BANK | ||
| 2012 | NA, Inc, USA | 1,677,645 | PLC | 1,495,894 | ||||
| North America | March 24, | Open | Chisholm View | Southwest Power | USD | Banco | ||
| 2015 | Ended | Wind Project, LLC | Pool Inc. | 1,500,000 | Santander | 1,337,494 | ||
| Attn: Phil McCraw | ||||||||
| 201 Worthen Drive | ||||||||
| North America | October 24, | 12/31/2040 | Little Elk | PEOPLE'S ELECTRIC | USD | HSBC BANK | ||
| 2014 | COOPERATIVE | 1,110,000 | PLC | 989,746 | ||||
| North America | March 31, | 3/31/2016 | Enel Green Power | PJM | USD | HSBC BANK | ||
| 2014 | NA, Inc, USA | Interconnection,LLC | 929,224 | PLC | 828,555 | |||
| North America | March 31, | 3/31/2016 | Enel Green Power | PJM | USD | HSBC BANK | ||
| 2014 | NA, Inc, USA | Interconnection,LLC | 604,705 | PLC | 539,193 | |||
| North America | April 7, | 8/20/2017 | Enel Green Power | SOUTHWEST | USD | Intesa | ||
| 2014 | North America, | POWER POOL INC. | 600,000 | Sanpaolo | 534,998 | |||
| Inc, USA | S.p.A. | |||||||
| North America | January 29, | 12/31/2040 | Goodwell Wind | Southwest Power | USD | Intesa | ||
|---|---|---|---|---|---|---|---|---|
| 2015 | Project, LLC | Pool Inc. | 500,000 | Sanpaolo | 445,831 | |||
| Attn: Phil McCraw | S.p.A. | |||||||
| 201 Worthen Drive | ||||||||
| North America | January 29, | 12/31/2040 | LITTLE ELK WIND | Southwest Power | USD | Intesa | ||
| 2015 | PROJECT, LLC | Pool Inc. | 500,000 | Sanpaolo | 445,831 | |||
| Attn: Phil McCraw | S.p.A. | |||||||
| 201 Worthen Drive | ||||||||
| North America | May 4, | 12/31/2037 | ROCK CREEK wind | Kansas City Power | USD | Intesa | ||
| 2015 | project LLC | & Light Company | 300,000 | Sanpaolo | 267,499 | |||
| S.p.A. | ||||||||
| North America | June 18, | 6/18/2013 | Enel Green Power | New York | USD | Intesa | ||
| 2012 | NA, Inc, USA | Independent | 200,000 | Sanpaolo | 178,333 | |||
| System Operator. | S.p.A. | |||||||
| Inc | ||||||||
| North America | June 18, | 6/18/2013 | Enel Green Power | IDAHO POWER | USD | Intesa | ||
| 2012 | NA, Inc, USA | COMPANY | 200,000 | Sanpaolo | 178,333 | |||
| S.p.A. | ||||||||
| North America | June 18, | 6/18/2013 | Enel Green Power | New York | USD | Intesa | ||
| 2012 | NA, Inc, USA | Independent | 200,000 | Sanpaolo | 178,333 | |||
| System Operator. | S.p.A. | |||||||
| Inc | ||||||||
| North America | June 18, | 6/18/2013 | Enel Green Power | New York | USD | Intesa | ||
| 2012 | NA, Inc, USA | Independent | 200,000 | Sanpaolo | 178,333 | |||
| System Operator. | ||||||||
| Inc | S.p.A. | |||||||
|---|---|---|---|---|---|---|---|---|
| North America | August 3, 2012 |
8/3/2013 | Enel Green Power NA, Inc, USA |
New York Independent System Operator. Inc |
USD | 200,000 | Intesa Sanpaolo S.p.A. |
178,333 |
| North America | April 5, 2013 |
12/31/2033 | Enel Green Power NA, Inc, USA |
New York Independent System Operator. Inc |
USD | 200,000 | Intesa Sanpaolo S.p.A. |
178,333 |
| North America | May 4, 2015 |
12/31/2037 | ROCK CREEK wind project LLC |
KCP&L Greater Missouri Operations Company |
USD | 200,000 | Intesa Sanpaolo S.p.A. |
178,333 |
| North America | December 13, 2010 |
12/29/2016 | Canastota Windpower, LLC |
TOWN OF FENNER | USD | 150,000 | Intesa Sanpaolo S.p.A. |
133,749 |
| North America | August 7, 2002 |
12/29/2024 | Smoky I | BOARD OF LINCOLN COUNTY |
USD | 100,000 | Intesa Sanpaolo S.p.A. |
89,166 |
| North America | June 8, 2009 |
12/31/2011 | Smoky I | BOARD OF ELLSWORTH COUNTY |
USD | 100,000 | Intesa Sanpaolo S.p.A. |
89,166 |
| North America | December 13, 2010 |
12/12/2028 | Smoky II | BOARD OF LINCOLN COUNTY |
USD | 100,000 | Intesa Sanpaolo S.p.A. |
89,166 |
| North America | December | 12/12/2028 | Smoky II | BOARD OF | USD | Intesa | ||
|---|---|---|---|---|---|---|---|---|
| 13, 2010 | ELLSWORTH | 100,000 | Sanpaolo | 89,166 | ||||
| COUNTY | S.p.A. | |||||||
| North America | December | Open | Fowler (Hydro | GOUVERNEUR TALC | USD | Intesa | ||
| 13, 2010 | ended | Development | INC | 100,000 | Sanpaolo | 89,166 | ||
| Group) | S.p.A. | |||||||
| North America | January 27, | 3/31/2016 | Goodwell Wind | Board of County | USD | Intesa | ||
| 2015 | Project, LLC | Commissioners of | 100,000 | Sanpaolo | 89,166 | |||
| Texas County | S.p.A. | |||||||
| North America | June 6, | 6/6/2013 | Enel Green Power | Independent | CAD | BANCO | ||
| 2012 | NA, Inc, USA | system operator | 90,000 | BILBAO | 60,553 | |||
| VIZCAYA | ||||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| North America | August 14, | 8/31/2031 | TKO Power | Southern California | USD | HSBC BANK | ||
| 2015 | Edison | 86,310 | PLC | 76,959 | ||||
| North America | May 11, | 12/31/2004 | Enel Green Power | BCIA New England | USD | Intesa | ||
| 2004 | NA, Inc, USA | Holdings | 50,000 | Sanpaolo | 44,583 | |||
| S.p.A. | ||||||||
| North America | February | 12/31/2099 | Smoky II | BOARD OF | USD | BANCO | ||
| 29, 2012 | COLUMBIA | 30,000 | BILBAO | 26,750 | ||||
| TOWNSHIP | VIZCAYA | |||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Panama | June 24, | 8/30/2015 | ENEL FORTUNA, | Elektra Noreste S.A. | USD | BANCO | ||
| S.A. - 50.06% | BILBAO |
| 2011 | owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
(ENSA) | 2,220,874 | VIZCAYA ARGENTARIA S.A. |
1,980,271 | |||
|---|---|---|---|---|---|---|---|---|
| Panama | October 5, 2012 |
10/13/2013 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
Metro Oeste Contract 06-08 |
USD | 1,625,709 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
1,449,584 |
| Panama | June 24, 2011 |
8/30/2015 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
Elektra Noreste S.A. (ENSA) |
USD | 888,416 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
792,168 |
| Panama | December 27, 2011 |
12/31/2014 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. |
Empresa de Distribucion Electrica Metro |
USD | 732,114 | BANCO BILBAO VIZCAYA ARGENTARIA |
652,799 |
| (owned by EGPI) | Oeste SA EDEMET | S.A. | ||||||
|---|---|---|---|---|---|---|---|---|
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | July 23, | 7/31/2013 | ENEL FORTUNA, | Empresa de | USD | BANCO | ||
| 2012 | S.A. – 50.06% | Distribucion | 676,326 | BILBAO | 603,054 | |||
| owned by Enel | Electrica Chiriqui | VIZCAYA | ||||||
| Panama S.A. | S.A ( EDECHI) | ARGENTARIA | ||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | October 5, | 10/13/2013 | ENEL FORTUNA, | Elektra Noreste SA | USD | BANCO | ||
| 2012 | S.A. – 50.06% | DME-008-08 | 485,618 | BILBAO | 433,008 | |||
| owned by Enel | VIZCAYA | |||||||
| Panama S.A. | ARGENTARIA | |||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | December | 12/31/2014 | ENEL FORTUNA, | Elektra Noreste S.A. | USD | BANCO | ||
| 27, 2011 | S.A. – 50.06% | (ENSA) | 482,089 | BILBAO | 429,861 | |||
| owned by Enel | VIZCAYA | |||||||
| Panama S.A. | ARGENTARIA | |||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by |
| the Government | ||||||||
|---|---|---|---|---|---|---|---|---|
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | July 23, | 7/31/2013 | ENEL FORTUNA, | Elektra Noreste S.A. | USD | BANCO | ||
| 2012 | S.A. – 50.06% | (ENSA) | 423,955 | BILBAO | 378,025 | |||
| owned by Enel | VIZCAYA | |||||||
| Panama S.A. | ARGENTARIA | |||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | June 24, | 8/30/2015 | ENEL FORTUNA, | Empresa de | USD | BANCO | ||
| 2011 | S.A. – 50.06% | Distribucion | 221,854 | BILBAO | 197,819 | |||
| owned by Enel | Electrica Chiriqui | VIZCAYA | ||||||
| Panama S.A. | S.A ( EDECHI) | ARGENTARIA | ||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% | ||||||||
| owned by others | ||||||||
| Panama | July 23, | 7/31/2013 | ENEL FORTUNA, | Empresa de | USD | BANCO | ||
| 2012 | S.A. – 50.06% | Distribucion | 130,914 | BILBAO | 116,731 | |||
| owned by Enel | Electrica Chiriqui | VIZCAYA | ||||||
| Panama S.A. | S.A ( EDECHI) | ARGENTARIA | ||||||
| (owned by EGPI) | S.A. | |||||||
| 49.90% owned by | ||||||||
| the Government | ||||||||
| of Panama 00.04% |
| owned by others | ||||||||
|---|---|---|---|---|---|---|---|---|
| Panama | December 24, 2010 |
12/31/2014 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
METRO OESTE S.A. | USD | 102,712 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
91,584 |
| Panama | December 27, 2011 |
12/31/2014 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
Empresa de Distribucion Electrica Chiriqui SA EDECHI |
USD | 83,119 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
74,114 |
| Panama | December 24, 2010 |
12/31/2014 | ENEL FORTUNA, S.A. – 50.06% owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others |
Elektra Noreste S.A. (ENSA) |
USD | 69,525 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
61,993 |
| BANCO | ||||
|---|---|---|---|---|
| S.A. – 50.06% | 13,905 | BILBAO | 12,399 | |
| VIZCAYA | ||||
| ARGENTARIA | ||||
| S.A. | ||||
| USD | BANCO | |||
| Alimentos y | 51,852 | BILBAO | 46,235 | |
| Abarrotes SA | VIZCAYA | |||
| ARGENTARIA | ||||
| S.A. | ||||
| Ministerio de | USD | Intesa | ||
| energia y minas | 5,000 | Sanpaolo | 4,458 | |
| S.p.A. | ||||
| Ministerio de | USD | Intesa | ||
| energia y minas | 5,000 | Sanpaolo | 4,458 | |
| S.p.A. | ||||
| Ministerio de | USD | Intesa | ||
| energia y minas | 5,000 | Sanpaolo | 4,458 | |
| S.p.A. | ||||
| Ministerio de | USD | Intesa | ||
| energia y minas | 5,000 | Sanpaolo | 4,458 | |
| S.p.A. | ||||
| owned by Enel Panama S.A. (owned by EGPI) 49.90% owned by the Government of Panama 00.04% owned by others EGP Peru S.A EGP Peru S.A EGP Peru S.A EGP Peru S.A EGP Peru S.A |
Commercialidora de |
| Peru | October 25, | 11/4/2015 | EGP Peru S.A | Ministero de | USD | Intesa | ||
|---|---|---|---|---|---|---|---|---|
| 2013 | Energia y Minas | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Peru | October 25, | 11/4/2015 | EGP Peru S.A | Ministero de | USD | Intesa | ||
| 2013 | Energia y Minas | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Peru | July 31, | 10/31/2016 | EGP Peru S.A | Ministerio de | USD | Intesa | ||
| 2014 | Energia y Minas | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Peru | July 30, |
10/31/2016 | EGP Peru | USD | Intesa | |||
| 2014 | 5,000 | Sanpaolo | 4,458 | |||||
| S.p.A. | ||||||||
| Peru | December | 5/31/2015 | EGP Peru S.A | Ministerio de | USD | Intesa | ||
| 12, 2014 | Bienes Nacionales | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Peru | March 8, | 3/15/2015 | EGP Peru S.A | Ministero de | USD | Intesa | ||
| 2013 | Energia y Minas | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Peru | February | 2/15/2015 | EGP Peru S.A | Ministero de | USD | Intesa | ||
| 12, 2013 | Energia y Minas | 5,000 | Sanpaolo | 4,458 | ||||
| S.p.A. | ||||||||
| Portugal | 29/09/2015 | 08/21/2017 | TP- Sociedade |
Autoridade | EUR | BANCO | ||
| Termica | Tributaria e | 314,628 | BILBAO | 314,628 | ||||
| Portuguesa SA | Aduaneira | VIZCAYA | ||||||
| ARGENTARIA |
| S.A. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Romania | October 20, 2014 |
1/15/2016 | EGP Romania SRL | RON | 1,249,000 | CITIBANK N.A. |
282,579 | |
| Republic of South Africa |
October 20, 2014 |
9/30/2016 | Gibson bay | ZAR | 30,564,318 | BARCLAYS BANK PLC |
2,056,818 | |
| Republic of South Africa |
August 13, 2014 |
8/13/2015 | Nxuba Wind Farm LTD |
Department of Energy of the Government of the Republic of South Africa |
ZAR | 14,000,000 | BARCLAYS BANK PLC |
942,127 |
| Republic of South Africa |
August 13, 2014 |
8/13/2015 | ACED Renewables Hidden Valley |
Department of Energy of the Government of the Republic of South Africa |
ZAR | 14,000,000 | BARCLAYS BANK PLC |
942,127 |
| Republic of South Africa |
August 13, 2014 |
8/13/2015 | Soetwater Wind Farm LTD |
Department of Energy of the Government of the Republic of South Africa |
ZAR | 14,000,000 | BARCLAYS BANK PLC |
942,127 |
| Republic of South Africa |
August 13, 2014 |
8/13/2015 | Oyster Bay Wind Farm LTD |
Department of Energy of the Government of the Republic of South Africa |
ZAR | 14,000,000 | BARCLAYS BANK PLC |
942,127 |
| Republic of | 21/09/2015 | 25/09/2016 | Great Karoo Wind | Deparment of | ZAR | BARCLAYS | ||
|---|---|---|---|---|---|---|---|---|
| South Africa | Farm | Energy of S.Africa | 14,000,000 | BANK PLC | 942,127 | |||
| Government | ||||||||
| Republic of | August 13, | 8/13/2015 | Garob Wind Farm | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 13,800,000 | BANK PLC | 928,668 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | July 13, | 1/1/2036 | Electra Capital | Cedeberg | ZAR | BARCLAYS | ||
| South Africa | 2014 | Municipality | 9,622,800 | BANK PLC | 647,564 | |||
| (Western Cape, SA) | ||||||||
| Republic of | August 13, | 8/13/2015 | Matrigenix | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 7,500,000 | BANK PLC | 504,711 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Adam Solar PV | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 7,500,000 | BANK PLC | 504,711 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Dioflash LTD | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 7,500,000 | BANK PLC | 504,711 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2014 | Pulida Energy | The Department of | ZAR | BARCLAYS | ||
|---|---|---|---|---|---|---|---|---|
| South Africa | 2013 | (Pty) Ltd | Energy of the | 7,500,000 | BANK PLC | 504,711 | ||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Carodex LTD | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 7,000,000 | BANK PLC | 471,063 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Matrigenix | The Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | (Propriertary) | Energy of the | 7,000,000 | BANK PLC | 471,063 | ||
| Limited | Government of the | |||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Vidigenix | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 6,500,000 | BANK PLC | 437,416 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | August 13, | 8/13/2015 | Manlenox | Department of | ZAR | BARCLAYS | ||
| South Africa | 2014 | Energy of the | 6,500,000 | BANK PLC | 437,416 | |||
| Government of the | ||||||||
| Republic of South | ||||||||
| Africa | ||||||||
| Republic of | October 24, | 10/28/2019 | Adams | ZAR | BARCLAYS | |||
| South Africa | 2014 | 1,510,000 | BANK PLC | 101,615 | ||||
| Republic of | November | 10/28/2019 | PULIDA ENERGY | ESKOM | ZAR | BARCLAYS | ||
|---|---|---|---|---|---|---|---|---|
| South Africa | 10, 2014 | 1,400,000 | BANK PLC | 94,213 | ||||
| Republic of | March 24, | 8/31/2019 | Enel Green Power | Eris Property Group | ZAR | BARCLAYS | ||
| South Africa | 2014 | RSA (Pty) LTD 100% |
(PTY) Limited | 1,354,049 | BANK PLC | 91,120 | ||
| Turkey | April 20, | Open | KIRKLARELİ | Energy Market | TRY | BANCO | ||
| 2015 | ended | EOLİKO ENERJİ |
Regulatory | 420,000 | BILBAO | 128,319 | ||
| ELEKTRİK ÜRETİM |
Authority | VIZCAYA | ||||||
| VE TİC. A.Ş |
ARGENTARIA | |||||||
| S.A. | ||||||||
| Turkey | April 20, |
Open | Kongul Enerji | Energy Market | TRY | Intesa | ||
| 2015 | ended | Sanayi ve Ticaret | Regulatory | 300,000 | Sanpaolo | 91,656 | ||
| A.S., | Authority | S.p.A. | ||||||
| Turkey | April 20, | Open | Kongul Enerji | Energy Market | TRY | BANCO | ||
| 2015 | ended | Sanayi ve Ticaret | Regulatory | 280,000 | BILBAO | 85,546 | ||
| A.S., | Authority | VIZCAYA | ||||||
| ARGENTARIA | ||||||||
| S.A. | ||||||||
| Turkey | April 23, | 12/31/2011 | VEKTOR ENERGY | Energy Market | TRY | Intesa | ||
| 2008 | (100% EGPI BV) | Regulatory | 180,000 | Sanpaolo | 54,994 | |||
| Authority | S.p.A. | |||||||
| Turkey | April 27, | Open | Vektor Enerji | Turkish electricity | TRY | Intesa | ||
| 2015 | ended | Uretim A.S | Transmission | 180,000 | Sanpaolo | 54,994 | ||
| COMPANY | S.p.A. | |||||||
| Turkey | September | Open | Kongul Enerji | Energy Market | TRY | Intesa | ||
| Sanayi ve Ticaret | Regulatory | Sanpaolo |
| 30, 2015 | ended | A.S., | Authority | 80,000 | S.p.A. | 24,442 | ||
|---|---|---|---|---|---|---|---|---|
| Uruguay | August 29, 2014 |
7/30/2016 | Estrellada SA | USD | 4,867,275 | Banco Santander |
4,339,969 | |
| Uruguay | October 8, 2014 |
10/8/2015 | EGP Uruguay | Real State Imperial Corp |
USD | 61,625 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. |
54,949 |
| Portugal | June 30, 2014 |
Open ended |
TP | CAIXA BANCO DE INVESTIMENTO SA |
EUR | 4,000,000 | ING BANK NV |
4,000,000 |
| Portugal | June 30, 2014 |
Open ended |
FINERGE | CAIXA BANCO DE INVESTIMENTO SA |
EUR | 4,000,000 | ING BANK NV |
4,000,000 |
Table setting forth the composition of the shareholders' equity of the Demerged Company ante and post demerger
Data in euro as of September 30, 2015
| Retained earnings/(loss |
|||||||
|---|---|---|---|---|---|---|---|
| Share capital | Other reserves | carried forward) |
Net Income for the period |
Total | |||
| Shareholders' equity ante demerger | 1,000,000,000 | 4,637,089,228 | 1,095,239,874 | 139,667,460 | 6,871,996,562 | ||
| Cancellation of the Shares | (728,000,000) (2,936,162,218) | - | - | (3,664,162,218) | |||
| Recognition of transaction costs related to the demerger | - | (6,784,000) | - | - | (6,784,000) | ||
| Shareholders' equity post demerger | 272,000,000 | 1,694,143,010 | 1,095,239,874 | 139,667,460 | 3,201,050,344 |
The changes to the composition of the Shareholders' Equity of the Demerged Company Enel Green Power SpA deriving from the Demerger are attributable to:
Table setting forth the composition of the shareholders' equity of the Beneficiary Company ante and post Demerger
Data in Euro as of September 30, 2015
| Share Capital | Other reserves | Retained earnings (loss carried forward) |
Net Income for the period |
Total | |
|---|---|---|---|---|---|
| Shareholders' equity ante demerger | 9,403,357,795 | 9,197,808,130 | 5,303,025,796 | 1,066,017,771 | 24,970,209,492 |
| Issuance of neww shares | 770,588,712 | 2,302,519,071 | - | - | 3,073,107,783 |
| Recognition of transaction costs related to the Demerger |
- | (7,250,000) | - | - | (7,250,000) |
| Shareholders' equity post demerger | 10,173,946,507 | 11,493,077,201 | 5,303,025,796 | 1,066,017,771 | 28,036,067,275 |
The changes to the composition of the Shareholders' Equity of the Beneficiary Company Enel SpA deriving from the Demerger, on the assumption that no shareholder of Enel Green Power exercises the Right of Withdrawal or the Right of Sale, are attributable to:
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.