Russian official Boris Kovalchuk, top left, shakes hand with Enel CEO Fulvio Conti as Italian Premier Silvio Berusconi applauds right, and Russian Prime Minister Vladimir Putin stands beside him, after signing a agreement at Villa Gernetto, in Gerno, near Milan, Italy, Monday, April 26, 2010. Premier Silvio Berlusconi has hosted Russian Prime Minister Vladimir Putin at his villa as the two countries seek to strengthen business ties in the energy sector. Berlusconi and Putin are old friends and have frequently visited one another at their respective residences. On Monday, they met at one of Berlusconi's mansions near Milan. (AP Photo/Luca Bruno) Photo: Luca Bruno
Enel Green Power IPO falls short despite retail surge
Italian utility giant Enel has raised around €2.26bn ($3.1m) in its initial public offering (IPO) of its Enel Green Power (EGP) renewable energy subsidiary, less than the €3bn plus that it had hoped to achieve.