The new run-of-river plant is Enel’s fifth hydroelectric project in Guatemala, and brings the Italian renewables company’s installed capacity in the country to 161MW.
Construction of the plant was supported by Simest, the public-private finance institution which promotes the international development of Italian enterprises.
"Palo Viejo is a clear demonstration of our ability to build power plants in Latin America, a region with major growth potential in which we already have a strong presence”, said Enel Green Power CEO Francesco Starace. “The entry into service of the new plant has further increased our ‘zero-emissions’ capacity in Guatemala, where we have had a well-established presence for a long time, showing our commitment to contributing to sustainable growth in the Country”.
Enel Green Power has invested US$4.5M to promote the economic and social development of the local communities in the area, in collaboration with local institutions.
