Enemalta Maintains Operations at Marsa and Acquires Assets from Palermo
1 report, 1 independent
Updated Sun 00:00
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What happened
Enemalta successfully maintained B Station at the Marsa facility. The company also completed a historical transaction by acquiring turbines from Palermo. These operations occurred amid a period where Enemalta was managing a balance sheet showing negative operating cash flow and rising debt.
From independent.com.mt
Why it matters
The operational success at the Marsa site adds to Enemalta's asset base. The company has been grappling with the consequences of capital investment falling significantly since the mid-1990s, despite facing annual demand growth.
From independent.com.mt