Enel lines up advisor for UK utility bid

29 December 2020 - 12:00 am UTC

Italy’s Enel is considering bidding in PPL Corp.’s sale of UK electricity distribution network operator Western Power Distribution (WPD) and has appointed Rothschild as its financial advisor, said a source close to the situation.

A spokesperson for Enel declined comment. Bankers at Rothschild did not respond to enquiries. 

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