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Chile funds, Endesa deal puts Enersis cap hike at $5.95 bln
December 7, 2012 / 9:25 PM / 5 years ago

Chile funds, Endesa deal puts Enersis cap hike at $5.95 bln

SANTIAGO, Dec 7 (Reuters) - A deal between Spanish energy firm Endesa SA and Chilean pension funds puts regional energy group Enersis SA’s controversial planned capital increase at around $5.95 billion, according to a statement by the pension funds late on Friday.

Under the agreement they struck, around 16.441 billion shares of Enersis will be released at 173 pesos per share.

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