Image Source : China

BEIJING, April 11 (TMTPOST) —— China Southern Power Grid reached an agreement with Enel SpA to purchase two assets in Peru for $2.9 billion from the latter, as Italy's largest utility is seeking to cut its debt, according to the statement released by Enel Friday.

Under the deal, China Southern Grid will acquire 83.15 percent of Enel Distribucion Peru, the distribution company owned by Enel Peru, and 100 percent of Enel X Peru, an energy services provider. The enterprise value of the assets is expected to be about $4 billion.

Enel has about 1.5 million end users in Peru. The deal with China Southern Grid is expected to reduce its consolidated debt by about 3.1 billion euros and increase net profit by about 500 million euros in 2023, according to the company.

China Southern Power Grid International (Hong Kong) Co., LTD., a wholly-owned subsidiary of China Southern Power Grid, is the overseas investment and operation platform of China Southern Power Grid. According to the data of the State-owned Assets Supervision and Administration Commission (SASAC), the company owned overseas power supply, grid, and other power infrastructure assets in Southeast Asia, Europe, Latin America, and other regions as of February 2022, with a total value of about 40 billion yuan ($5.8 billion). As a central government-owned power enterprise in China, China Southern Power Grid has operations in Guangdong, Guangxi, Yunnan, Guizhou, and Hainan provinces, supplying electricity to 254 million people and assets totaling more than 1 trillion yuan ($145 billion).

 The acquisition of electricity distribution and other assets in Peru by China Southern Power Grid marks a further expansion of its businesses in South America. The power giant acquired a 27.8% stake in Transelec in March 2018, the largest power transmission company in Chile, for $1.3 billion from Brookfield, a Canadian asset management company.

 South America is relatively weak in power infrastructure. Li Qingkui, former chairman of China Southern Power Grid, once pointed out that Chile, Peru, and other countries in South America are growth markets. The investment and layout of power grid infrastructure have the characteristics of a natural monopoly. The short-term return may not be high, but the income is stable and sustainable. In the process of economic development of the countries, priority should be put on infrastructure connectivity. Overseas power grid investments will also drive China’s export of technology, equipment, and capital, and form industrial alliances with numerous Chinese enterprises to help them go global.

 China's Southern Power Grid has also participated in project acquisitions in Southeast Asia and Europe in recent years. China Southern Power Grid and China General Nuclear Power Corporation jointly acquired the Edra project in Malaysia in April 2018, one of Southeast Asia's largest independent power producers, in which China Southern Power Grid holds a 37% stake.  Southern Grid, together with French equity fund Ardian, closed a deal in Luxembourg in October 2018, to buy 24.92 percent of Encevoa, a European power utility.

 

 

 

本文內(nèi)容來源:鈦媒體英文站

轉(zhuǎn)載請注明出處、作者和本文鏈接。
聲明:文章內(nèi)容僅供參考、交流、學(xué)習(xí)、不構(gòu)成投資建議。
想和千萬鈦媒體用戶分享你的新奇觀點(diǎn)和發(fā)現(xiàn),點(diǎn)擊這里投稿 。創(chuàng)業(yè)或融資尋求報(bào)道,點(diǎn)擊這里。

敬原創(chuàng),有鈦度,得贊賞

贊賞支持
發(fā)表評論
0 / 300

根據(jù)《網(wǎng)絡(luò)安全法》實(shí)名制要求,請綁定手機(jī)號后發(fā)表評論

登錄后輸入評論內(nèi)容

快報(bào)

更多

15:56

外交部回應(yīng)特朗普涉中東沖突言論:再次呼吁各方拿出誠意,盡快啟動(dòng)和談進(jìn)程

15:53

外交部:已就美國參議員竄訪臺(tái)灣向美方提出嚴(yán)正交涉

15:52

外交部:將視情對古屋圭司采取其他一切必要懲治措施

15:51

電腦成本價(jià)上漲,電子產(chǎn)品核心部件漲價(jià)

15:49

調(diào)查顯示:Anthropic模型迎來用戶激增,付費(fèi)用戶創(chuàng)下新高

15:48

中東戰(zhàn)事攪亂油價(jià)基準(zhǔn),沙特阿美溢價(jià)恐飆至40美元/桶

15:46

科威特一電力和海水淡化設(shè)施遭襲受損

15:45

Mistral AI獲8.3億美元債務(wù)融資,用于AI數(shù)據(jù)中心

15:39

消息稱蘋果OLED版iMac一體機(jī)排期2029-2030年,已要求顯示企業(yè)提供樣品

15:38

商務(wù)部:支持房車露營等休閑消費(fèi),積極拓展低空消費(fèi)

15:35

長沙市雨花基石產(chǎn)業(yè)投資基金成立,出資額50億

15:35

通用異構(gòu)智能CPU芯片企業(yè)此芯科技完成近十億元B輪融資

15:34

韓國金融服務(wù)委員會(huì)將啟動(dòng)金融領(lǐng)域緊急應(yīng)對機(jī)制

15:33

馬士基:4月18日或之后訂艙的美國內(nèi)陸貨運(yùn)訂單加收140美元燃油附加費(fèi)

15:32

法國興業(yè)銀行:布倫特原油4月份均價(jià)可能達(dá)到125美元/桶

15:31

財(cái)政部:2026年積極配合推進(jìn)注冊會(huì)計(jì)師法(修改)、消費(fèi)稅法等立法工作

15:30

泡泡瑪特樂園4月將漲價(jià)

15:26

伊朗官員稱計(jì)劃對通過霍爾木茲海峽船只實(shí)施準(zhǔn)入和收費(fèi)制度

15:24

西太平洋銀行:澳洲聯(lián)儲(chǔ)今年或連續(xù)加息三次,利率恐飆升至17年高點(diǎn)

15:23

三星電子開始量產(chǎn)236層NAND閃存

掃描下載App