Shareholders of Italian
electricity giant Enel on Monday approved the integration of
subsidiary Enel Green Power into the parent company.
The motion passed with 99.57% in favour, 0.01% against and
0.43% abstaining.
The integration of Enel Green Power will have a "positive
effect" on Enel, CEO Francesco Starace said.
It will lead to "greater consolidation with respect to the
70% we hold now of a company that is growing and generates
increasing profits," he added.
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