NEWS

The Italian firm ENEL G.P., through its Chilean subsidiary ENEL Latin America Limited, signed a "beneficial" agreement with the Chilean subsidiary SoWiTec Renewable Energy (belonging to the German SoWiTec International GmBH) to construct several wind farms for a total capacity of 850 MW.

At first, they plan to install seven wind farms, each with a capacity of between 60 and 150 MW.

It was also established that each of these farms, once operational, will provide its production to the Interconnected System of Norte Grande (SING) and the Central Interconnected System (SIC) of the country.

This agreement enables ENEL to have exclusive access to projects that SoWiTec is currently developing, while allowing the Italian firm to acquire them, once they obtain the permits from the Chilean authorities.

Thus, ENEL begins to make a strong and true presence in Latin American markets, and specifically in the area of wind energy production in the region.

Editor: Julia Ruiz Diaz

Sources (In Spanish):

http://www.eleconomista.es/economia/noticias/1229007/05/09/ Enel-green-power-desarrollara-proyectos-de-energia-eolica- con-una-capacidad-de-hasta-850-mw-en-chile.html

http://ar.invertia.com/noticias/noticia.aspx?idNoticia=200905081516_EFE_FF5116

http://dinero.es.msn.com/noticias/economia/articulo.aspx?cp-documentid=16669392

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