[Brazil] - Enel Divests Peruvian Assets for EUR1.3 Billion

INSUBCONTINENT EXCLUSIVE:
Enel, an Italian energy powerhouse, has decided to divest its holdings in two Peruvian subsidiaries.They will sell these shares to Niagara
end
Notably, the Italian state holds a 23.6% share in this debt.Niagara Energy, operating under the Actis investment fund in Peru, is set to
focus on growth
(Photo Internet reproduction)This move by Enel indicates a broader strategic plan
They aim to refine their global operations and focus on areas with the most potential for growth.This shift in strategy signifies an
global energy companies.They are restructuring their portfolios to focus on regions with the most strategic value.This trend has been
particularly noticeable among European firms, which are increasingly concentrating on their home markets and other high-growth
areas.Historically, Enel has been active in various global markets, including Latin America.However, this sale indicates a pivot towards
markets closer to home, and others deemed more lucrative.Such strategic shifts are common in the dynamic energy sector, where companies must
other multinational energy companies.These firms often divest assets in less profitable or strategically aligned areas to consolidate their
presence in more promising markets.This approach helps them streamline operations and focus resources where they can achieve the most
significant growth.