Enel has received three offers for Slovakia asset so far: CEO

Mon Nov 10, 2014 5:48am EST
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ROME (Reuters) - Italy's biggest utility Enel (ENEI.MI: Quote) has received three offers for its stake in Slovakian power plant Slovenske Elektrarne but further bids could yet arrive, the group's chief executive said on Monday.

"For now three but we haven't stopped counting because, since there's no deadline, more could be on their way," Francesco Starace said.

Enel is looking to sell more than 4 billion euros ($5 billion) of assets this year to cut its debt and hang on to its investment grade credit rating.

(1 US dollar = 0.8008 euro)

(Reporting by Alberto Sisto, writing by Stephen Jewkes, editing by Valentina Za)

A view of Enel's power plant, built on a site of a projected nuclear plant which has not been completed, in Montalto di Castro in central Italy March 18, 2011.   REUTERS/Giampiero Sposito