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Enel shareholders approve integration of Enel Green Power

Move to have ‘positive effect’ on electricity giant

Redazione Ansa

(ANSA) - Rome, January 11 - 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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