enel has signed an agreement to sell a 50 stake in enel green power australia to japanese oil company inpex corporation in line with its strategic plan the european utility said thursday that the deal is expected to have a positive impact of around 87 million euros 968 million on its adjusted earnings before interest taxes depreciation and amortization as well as a positive effect on the groups net debt of around eur145 million in 2023 enel green power australia is valued at around eur400 million it said upon closing enel green power and inpex will jointly control the australian business and continue to develop its renewable project pipeline the stake sale is subject to authorities clearance enel said