Fulvio Conti, CEO of Enel, confirmed that gas network sale was one option that the company is evaluating. He also said that Enel is in discussions with Terna about the sale of part of Enel’s electricity network.
The Financial Times quoted analysts as saying that in concert, both the deals could raise up to E4 billion.
According to Bloomberg, Enel’s 18,600-mile gas pipeline network has a book value of E1.72 billion and reaches 1,205 towns and cities across Italy.
