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ENEL and ENAP set up geothermal plant

15 March 2005


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Italian power giant ENEL has forged an alliance with Chilean state-owned oil company Empresa Nacional del Petroleo de Chile (ENAP) that will develop geothermal capacity in Chile. Majority held by ENEL, some $60 million is expected to be invested by the joint ventre in the development of three power plants in northern and central Chile. Production is scheduled to start in 2010.

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