First State Investments completed the acquisition of Finerge from Enel for €900m.

First State Investments, a global asset management business, completed the acquisition of Finerge, a wholly-owned EGPE subsidiary active in the Portuguese renewable sector, from Enel, an Italian multinational manufacturer and distributor of electricity and gas, for €900m. "This disposal of our Portuguese assets is part of our active portfolio management strategy, a key pillar of the Group’s five year strategic plan. There is strong demand for renewable assets and by selling an operational platform in a mature market, we register an early success in delivering against the commitments we made to the market earlier this year," Francesco Venturini, Enel Green Power CEO.