Santiago – Enel Green Power, acting through its subsidiary Enel Green Power Chile Ltda and Empresa Nacional de Electricidad SA, have signed a long-term agreement for around 25 years of energy supply and sale of green certificates connected to a geothermal project and a photovoltaic project in Chile, as well as for around 20 years of energy supply and sale of green certificates connected to a wind power project in Chile. The contract for an estimated total value of up to 3.5 billion US dollars will enable Enel Green Power Chile to develop three plants with a total installed capacity of approximately 300 MW, which will require around 800 million US dollars of investment. Enel Green Power currently operates a portfolio of plants in Chile that have a combined installed capacity of around 600 MW, of which 340 MW from wind power, 154 MW from solar and 92 MW from hydro. Approximately 300 MW from the PPA with Endesa Chile and around 300 MW from other projects currently in execution will bring the company’s total installed capacity in Chile to about 1,200 MW. (9colonne)
