The Chucas hydroelectric plant is expected to be complete by mid-2013, and will raise Enel Green Power’s installed capacity in Costa Rica to 105MW.
“This second plant, coming after the Palo Viejo hydroelectric plant in Guatemala, which is currently under construction, is a tangible sign of Enel Green Power’s growth in Latin America and in hydroelectric technology, which is one of the pillars of growth on this continent,” said Francesco Starace, CEO of Enel Green Power.
Enel Green Power operates in Central and South America through its subsidiary Enel Green Power Latino America, which runs 33 plants using renewable resources in Mexico, Costa Rica, Guatemala, Nicaragua, Panama, El Salvador, Chile and Brazil, for a total installed capacity of 669MW.
Hydroelectric power is the main focus of investment in the region for Enel Green Power, which manages more than 31 plants in six countries.
The company has a 24MW wind power plant in Costa Rica and will build three more in Brazil for a total installed capacity of 90MW.
With its long experience in the field of geothermal power, Enel Green Power is developing new opportunities in this sector. In Chile, in particular, the company is exploring several concessions that have potential to provide well over 100MW of electricity.
