Enel Awarded Rights on Four Wind Projects in Mexico
November 23 2017 - 6:49AM
Dow Jones News
By Marc Bisbal Arias
Enel SpA (ENEL.MI) said Thursday that it has been awarded the
right to sign a number of contracts in Mexico to supply energy and
clean-energy certificates on four wind projects.
The value of the order was not disclosed.
The Italian company said that the total capacity of the projects
is 593 megawatts.
Investments in the construction of the new facilities will come
close to $700 million, in line with the investments outlined in the
company's current strategic plan, it said.
The new plants--to be built in Acuna, Coahuila and Nuevo
Leon--are expected to enter into operation in the first half of
2020, Enel said, and once fully operational, production of
renewable energy is expected to be 2.09 terawatt hours a year.
Enel is the largest renewable-energy operator in Mexico in terms
of installed capacity and project portfolio, it said.
It currently operates projects in the country with a total
capacity of 728 megawatts, with 675 megawatts coming from wind and
53 megawatts from hydropower, the company said.
Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com
(END) Dow Jones Newswires
November 23, 2017 06:34 ET (11:34 GMT)
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