Enel to sell last of Wind to Weather

17 Jan 2006

Italian power utility Enel has announced plans to sell its remaining 37.25% stake in telco Wind to Orascom-owned Weather Investments by the end of January, according to local daily Finanza & Mercati, which cited sources close to the company. On completion of the deal, Weather Investments will own 100% of Wind; it purchased a 62.75% stake from Enel last August.

Italy, WINDTRE (incl. Wind and 3 Italia)