Italian energy giant Enel plans to sell its 66-percent stake in Slovakia's top power company Slovenske elektrarne (SE) to Prague-based energy group EPH, following a deal confirmed by company officials Tuesday. "I can confirm we have reached agreement with Enel on all important business and legal aspects," EPH spokesman Daniel Castvaj told AFP.
"The final deal... will hopefully be signed within two weeks," he added. Czech media have put the value of the deal at 1.3 billion euros ($1.42 billion). Enel chief executive Francesco Starace told La Stampa daily on Tuesday the company was ready to transfer a 33-percent stake in SE to EPH before Christmas. "The remaining 33 percent will be transferred when two nuclear plants now under construction are completed and launched - in two years," he added.