Enel SpA (ENEL.MI), Italy's biggest utility by market value, plans to sell a minority stake in its renewable energy company, Enel Green Power, by the end of the year, said Chief Executive Fulvio Conti Thursday.

"International infrastructure funds" have expressed interest in acquiring a stake, the CEO said at a presentation in Rome to comment the 2009-2013 strategy plan. He didn't elaborate.

Earlier Thursday, Enel said it now expects total assets disposal to amount to EUR10 billion as part of the drive to slash its massive debt pile following an international shopping spree.

Enel has received two binding bids for a majority stake in its Italian natural gas distribution network and negotiations will start "tomorrow" (Friday), said CEO Conti.

Analysts expect a 70% stake to be sold, worth about EUR1.2 billion.

Also, the Rome-based company expects to receive the EUR1.15 billion from Terna SpA (TRN.MI) for its Italian high-voltage power lines by May at the latest, Conti added. He said it could even be April.

Enel and grid Terna agreed to the purchase in December.

   Company Web site: www.enel.it

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com
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