Russian gas giant OAO Gazprom (GAZP.RS) is likely to make a formal offer to buy a majority stake in a Belgian power plant held by Enel SpA (ENEL.MI), Italy's energy utility, according to Italian business tabloid, Milano Finanza, Thursday.
Russian gas giant OAO Gazprom
(GAZP.RS) is likely to make a formal offer to buy a majority stake in a Belgian
power plant held by Enel SpA (ENEL.MI), Italy's energy utility, according to
Italian business tabloid, Milano Finanza, Thursday.
Gazprom could sign a letter of intent to buy the Marcinelle Energie plant at
the International Economic Forum being held in St. Petersburg on 20-22 June,
said MF, without identifying its sources.
Although the price had yet to be established, the offer could exceed 250
million euros ($26.8 million).
Enel has previously said it was considering selling its 80% stake in the plant,
acknowledging Gazprom's interest in it.
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