Enel Brasil closes acquisition of Celg Distribuição

Published on Tuesday, 14 February 2017

“An important milestone for our growth strategy in Latin America”

– Francesco Starace, Enel CEO

This acquisition will make Enel Brasil the second energy distributor in that country; after Italy and Iberia, Brazil will become the Group’s third market in terms of customers, which will grow from 7 to 10 million. The Group is already serving approximately 65 million worldwide.

Enel Brasil won the public tender for the privatisation of CELG, which was held last November. The transaction was already approved by Brazil’s antitrust authority CADE and the electricity regulator ANEEL.

“We are fully committed to making the most of CELG’s growth potential, leveraging our technology expertise and our global best practices to strengthen the company’s service to its customers.”

– Francesco Starace, Enel CEO

Enel editorial staff