Enel Green Power steps into Peru with $400 mln investment

jueves 18 de febrero de 2016 04:01 GYT
 

MILAN Feb 18 (Reuters) - Enel Green Power, Italy's biggest renewable energy company, has entered the Peruvian market by winning rights to supply power to three plants in the country.

In a statement the company, controlled by utility Enel , said it would invest around $400 million to build the green energy capacity required.

"This tender marks Enel Green Power's entrance into Peru, confirming the success of our growth strategy in Latin America," the group's CEO Francesco Venturini said.

Under the deal Enel Green Power has the right to sign 20-year energy supply contracts for 326 megawatts of wind, solar and hydro plants. (Reporting by Stephen Jewkes; editing by Agnieszka Flak)