Endesa Chairman, Manuel Pizarro, Inaugurates a New Wind Farm in Sicily (Italy)
May 16 2007 - 10:44AM
Business Wire
On May 14th at midday, Endesa (NYSE:ELE) Chairman, Manuel Pizarro,
and the mayors of Gibellina, Santa Ninfa and Salaparuta (all in the
province of Trapani) inaugurated Endesa�s second wind farm in
Sicily and the company�s sixth on Italian soil. During the
ceremony, Manuel Pizarro �accompanied by Endesa�s CEO, Rafael
Miranda, members of the Board of Directors, the Chairman and
General Manager of Endesa Italia, Jes�s Olmos and Joaqu�n Galindo,
thanked the three local councils for their contribution to the wind
farm�s installation and stated that cooperation in the countries
where Endesa is present it vital to its future development plans.
With its 38 turbines, the Gibellina, Santa Ninfa and Salaparuta
wind farm has 32 MW of installed capacity and will produce nearly
75 GW/h a year, equivalent to the average consumption of
approximately 18,000 families. This output will also mean saving
the equivalent of 7,800 tonnes of oil a year and the subsequent
saving of some 50,000 tonnes of C02 emissions. During the inaugural
act, Endesa Italia�s General Manager underlined the importance of
the investments the company has made on Italian soil since 2001
when Endesa first entered the Italian market. Since then Endesa has
invested over Euro 3.4 billion added to which are the Euro 1.5
billion earmarked for 2007-2011. He also stressed Endesa�s efforts
concerning the environment (all the Company�s installations in
Italy are EMAS certified) and in particular the development of
renewable energy sources including hydro, biomass and wind power.
In 2008 Endesa will have close to 350 MW of installed wind capacity
in Italy. * 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 Comisi�n 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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