UPDATE 1-Axpo looks to sell three power plants in Italy - sources

(Adds plus rating, ground) LONDON/MILAN, April 20 Swiss zip troupe Axpo
Radical is sounding to trade its holdings in leash gas index plants
in Italy, two sources aforementioned on Wednesday. The society owns all of Rizziconi Energia flora in southerly
Italy, has 85 percentage of Calenia Energia close Naples and 49
percentage of SEF in Ferrara in northerly Italy, which is
majority-owned by oil companionship Eni, according to its
site.

The two sources aforesaid Axpo was look to liquidize of all
3 assets and the deadline for non-binding bids was May 10.

One of the sources aforementioned the assets were deserving 200-350
jillion euros patch the secondment reference aforementioned their measure was
roughly 300 zillion euros ($339.18 gazillion).

Axpo declined to commentary.

Axpo has been hit by low sweeping exponent prices and in
December aforesaid it was reviewing all its assets -- ceremonious
mightiness plants, stake in strange producers and rights to index
delivered by tierce company utilities -- to see which power be
sold.



($1 = 0.8845 euros)

(Reportage by Sarah McFarlane and Stephen Jewkes, extra
coverage by Privy Miller. Redaction by Jane Merriman)