June 24 – Enel Green Power, through its Inelec subsidiary, has finalized with Banco Bilbao Vizcaya Argentaria Bancomer (BBVA) a loan agreement for $100 million for the partial coverage of planned investments in the Mexican state of Oaxaca. The loan, which will have a duration of 5 years and will be disbursed by 2013, is characterized by an interest rate in line with the market benchmark and will be assisted by a parent company guarantee, issued by Enel Green Power. In Mexico, Enel Green Power currently has approximately 197 MW of installed capacity, of which 144 MW of wind power and 53 MW of hydroelectric power. In Latin America, Enel Green Power operates renewable energy plants in Mexico, Costa Rica, Guatemala, Panama, Chile and Brazil, with a total installed capacity of 990 MW. In the wind sector, in addition to wind power projects in Brazil of about 283 MW, EGP has 24 MW plants in Costa Rica, 144 MW ones Mexico and 90 MW ones in Chile, where it is also building the wind farm in Valle de Los Vientos (90 MW). Thanks to its experience in the field of geothermal energy, Enel Green Power is developing new opportunities in this area. In Chile, in particular, they are exploring various concessions with a potential for more than 100 MW.
