29 de enero de 2015 / 19:28 / en 3 años

Endesa Chile says suspending development of Punta Alcalde power project

SANTIAGO, Jan 29 (Reuters) - Endesa Chile said on Thursday it was suspending the development of its Punta Alcalde coal-fired power project and its associated transmission line.

The decision to halt the 740-megawatt project comes as the company “tries to dispel uncertainty regarding its profitability,” Endesa said in a statement.

Endesa, which generates and distributes electricity in Argentina, Brazil, Chile, Colombia and Peru, is controlled by energy firm Enersis, the Italian utility Enel’s Latin American unit. (Reporting by Anthony Esposito; Editing by Chris Reese)

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