Endesa expands Carbon Footprint in Latin America - Inefficient and Cheap "Open Cycle" Gas Turbines to be installed in Peru.

Spanish Firm Endesa To Invest $500 Million In Peru Power Sector

Madrid, Spain (AHN) - Spanish power firm Endesa is spending $500 million to develop until 2012 Peru's generation, distribution and transmission facilities. Endesa owns 30 percent of Peru's power sector.

Pedro Larrea, Endesa International's general director said the Spanish energy company will continue to maintain its present financial stake in Peru's power sector. For 2007 alone, Endesa will spend $100 million for its Peru operations. It includes installing open cycle gas turbines at the Santa Rosa thermo plant.

(In Europe Endesa is installing more efficient Combined Cycle Gas Turbines: Green Power Pioneer, ENDESA granted permission to build two 430 MW Gas Turbine Plants in France )

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