The approval confirms a deal first announced in November when Enel said it would buy the roughly 31% of EGP shares it does not already own to take full control of the renewable energy unit.
Enel said at the time that EGP will be its “engine of growth for the future”.
Other shareholders in EGP will see their stock exchanged for Enel shares under the terms of the deal, which is expected to close during the current quarter.
Once
