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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of July, 2005
Commission File Number: 333-07654
ENDESA, S.A.
(Translation of Registrant's Name into English)
Ribera del Loira, 60
28042 Madrid, Spain
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under
cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is
submitting the Form 6-K in paper as
permitted by Regulation S-T Rule
101(b)(1):
Yes No X
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Indicate by check mark if the registrant is
submitting the Form 6-K in paper as
permitted by Regulation S-T Rule
101(b)(7):
Yes No X
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Indicate by check mark whether by
furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): N/A
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ENDESA's French Subsidiary, SNET, to Sell Its 23.62% Stake in Power Generator
Sechilienne-Sidec to UK-Based Fund Manager Ecofin Limited for Euro 103 Million;
The Sale Forms Part of ENDESA's Policy of Disposing of Non-Core Assets
Business Editors
NEW YORK--(BUSINESS WIRE)--July 13, 2005--ENDESA's (NYSE:ELE)
French subsidiary, SNET, has signed an agreement to sell its 23.62%
shareholding in power generator Sechilienne-Sidec to UK-based fund
manager Ecofin Ltd. for Euro 103.6 million, or Euro 320 per share.
The deal is contingent on no takeover bid(s) being made for Sidec.
If any bid(s) were to be launched, the transaction would be delayed
until the end of the acceptance period for the bid(s) under stock
market regulations.
Ecofin has no intention of making an offer for any other
Sechilienne-Sidec shares nor is there any prevailing legislation that
obliges the group to do so as a consequence of the transaction.
Sechilienne-Sidec produces electricity and steam at thermal plants
that use coal and sugar cane waste on the islands of Guadalupe and
Martinique in the Caribbean and Reunion and Mauritius in the Indian
Ocean. It also develops wind energy in France.
For additional information please contact David Raya, North
America Investor Relations Office, telephone # 212 750 7200
http://www.endesa.es
* This document may contain certain forward-looking statements
regarding anticipated financial and operating results and statistics
that are subject to risks and uncertainties as well as to material
risks, changes and other factors which may be difficult to predict,
including, without limitation, those factors described in the Folleto
Informativo Continuado of Endesa filed within the Comision Nacional
del Mercado de Valores and in the Form 20-F of Endesa filed within the
Securities and Exchange Commission, both for the fiscal year ended
December 31, 2003. For all of these forward-looking statements, we
claim the protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995.
CONTACT: ENDESA
David Raya, North America Investor Relations Office
212-750-7200
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ENDESA, S.A.
Dated: July 13th, 2005 By: /s/ David Raya
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Name: David Raya
Title: Manager of North America Investor
Relations