ENDESA Brings on Stream the New Huelva CCGT
April 05 2006 - 1:08PM
Business Wire
ENDESA (NYSE: ELE): -- The plant is being connected to the grid for
the first time, upgrading the city's existing network. --
Investment in the 400 MW CCGT totalled Euro 218 million. -- ENDESA
operates six CCGTs in Spain and total installed capacity between
the mainland and islands stands at 1,854 MW. Another 1,906 MW of
capacity will be added from the five CCGTs currently being built by
the company. ENDESA (NYSE: ELE) has connected the 400 MW Huelva
CCGT to the grid for the first time, upgrading the city's existing
network. The total budget for this plant stands at around Euro 218
million. Output reached around 20 MW in this first synchronisation
to the network, which marks the start of tests at different loads
that will be carried out until the plant begins operating
commercially. This will happen once quality and reliability tests
have concluded and the plant has run for 100 hours at full
throttle. When the CCGT begins commercial operations it will
replace the capacity of the plant's existing fuel and fuel-oil/gas
gas groups. This will provide huge environment-related benefits and
greater guarantees of supply for the city of Huelva and the area
surrounding the plant, as well as a substantial boost to the
plant's productivity. In Spain, ENDESA has six CCGTs in operation
between the mainland and islands with a capacity of 1,854 MW.
Another 1,906 MW of capacity will be added from the five CCGTs
currently being built by the company: two on the mainland, which
will contribute 1,205 MW, and three on the islands, which will
contribute a combined 701 MW. Endesa will construct a total of
3,200 MW over the 2006-2009 period, situating it in the vanguard in
our country in the development of a technology that will make a
significant contribution to reducing greenhouse gas emissions and
improving energy efficiency. * This document may contain certain
forward-looking statements regarding anticipated financial and
operating results and statistics that are subject to risks and
uncertainties as well as to material risks, changes and other
factors which may be difficult to predict, including, without
limitation, those factors described in the Documento de Registro de
Acciones of Endesa filed within the Comision Nacional del Mercado
de Valores and in the Form 20-F of Endesa filed within the
Securities and Exchange Commission, both for the fiscal year ended
December 31, 2004. For all of these forward-looking statements, we
claim the protection of the safe harbour for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995.
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