Enel Signs Agreements to Sell Peru Power Generation Assets

May 15, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Enel SpA (Rome, Italy) decided to sell its electricity generation branch in Peru to Niagara Energy (Peru) a year after selling its distribution units to a Chinese company. Enel Peru has signed an agreement to sell its stakes to Niagara Energy at Enel Generacion Peru and Compañia Energetica Veracruz in a deal equivalent to US$1.3 billion. The deal was first announced in November last year and is now moving forward following the fulfillment of the conditions presented in that agreement, including the clearance from the antitrust authority in Peru.