Enel Green Power closes financiacin an operation of 200 million modigliani miller with the EIB The

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Enel Green Power, through its U.S. subsidiary EGPD and EFS Buffalo Dunes, a subsidiary of GE Capital, have signed an agreement aportacin capital (equity modigliani miller contribution agreement) with a consortium led by JP Morgan, for which ste provide modigliani miller 260 million dollars for the 250 MW project elico Buffalo Dunes. According to a statement sent to the CNMV, the project is supported by an agreement for the sale of long-term energy and the consortium is expected to provide funds in the fourth quarter of 2013. Within that consortium also have integrated modigliani miller Wells Fargo Wind Holdings, Metropolitan Life Insurance Company modigliani miller and State Street Bank and Trust Company. At present, EFS Buffalo Dunes maintains a participation of 51% in the wind power project, while EGPD holds the remaining 49%. Also, EGPD has a purchase option to acquire an additional 26% of the project EFS Buffalo Dunes on certain dates in 2013 and 2014. At 11:50 am, Enel Green Power fell 0.48% to 1.6420 euros. MD
Enel Green Power closes financiacin an operation of 200 million modigliani miller with the EIB The European Investment modigliani miller Bank (EIB) and Enel Green Power International have closed modigliani miller an operation of ...
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