Enel today signed a framework deal with Bank of China and the China Export & Credit Insurance Corporation (Sinosure) to look at global developments by the Italian group using Chinese firms as EPC contractors and equipment suppliers.
Bank of China will provide Enel and its subsidiaries with a credit line of up to $1bn under the five-year agreement.
The framework deal applies to Enel Group companies, “in particular EGP”, said a statement.
Enel