ENDESA Starts up Its First Wind Farm in France
March 14 2007 - 1:50PM
Business Wire
Today, Jes�s Olmos, General Manager for Endesa Europe (subsidiary
of ENDESA, NYSE:ELE) officially opened the Lehaucourt wind farm in
France. This is the first of five wind power facilities that Endesa
is starting up in the country. Among those representing national
and regional authorities at the event were Evelyne Ratte, Prefect
of the l�Aisne region, Pascale Gruny, local Member of Parliament,
and Raymond Froment, Mayor of Lehaucourt. The Lehaucourt wind farm
is located in the Picardy region, in the department of l�Aisne and
has entailed an investment of approximately Euro 10 million. This
wind farm is an example of Endesa France�s commitment to renewable
energies and underscores the Group�s decision to choose the French
market as one of its priority geographical areas in terms of
European expansion. Endesa France chose cutting-edge technology for
this first wind power project: Nordex N90 turbines. Standing 125
metres high (the mast measures 80 metres and the blades span 45
metres) and with net capacity of 2.5MW, this model combines maximum
power with minimum impact on the surrounding landscape. The
facility comprises four turbines, with total installed capacity of
10MW, which will generate energy equivalent to the electricity
consumption of 22,000 inhabitants. This facility's launch follows
the recent award of the tender for the Cernon I and Cernon II wind
farms, which will have a total installed capacity of 17.5MW and
that of the Ambon wind farm at the end of last year which has 10MW
in installed capacity. These facilities form part of Endesa
France�s Industrial Plan, whose goals include constructing 200 MW
of wind power capacity. These initiatives demonstrate Endesa
France�s determination to meet peaks in demand by giving priority
to technologies with low CO2 emissions and to contribute to the
French government�s goal of generating 21% of electricity from
renewable energies by 2010. Endesa France Since becoming its
majority shareholder in 2004, Endesa has transformed this company
significantly. The initiatives undertaken to improve efficiency,
availability and safety at its four coal plants, along with the
investments made to reduce the environmental impact will serve to
guarantee these plants� competitiveness beyond 2020. As well as
progress at the coal plants and in wind power development, the
Endesa France Industrial Plan envisages installing two CCGTs in
France, each with installed capacity of 400MW. The two plants, in
which Euro 400 million will be invested, will be built in the
north-east of France, on land at the Emile Huchet plant (Lorraine).
Work will commence in mid-May 2007. Furthermore, Endesa France sold
a total of 19TWh in 2006, 4.5TWh of which were for 153 "eligible
customers". * This document may contain certain forward-looking
statements regarding anticipated financial and operating results
and statistics that are subject to risks and uncertainties as well
as to material risks, changes and other factors which may be
difficult to predict, including, without limitation, those factors
described in the Documento de Registro de Acciones of Endesa filed
within the Comisi�n Nacional del Mercado de Valores and in the Form
20-F of Endesa filed within the Securities and Exchange Commission,
both for the fiscal year ended December 31, 2004. For all of these
forward-looking statements, we claim the protection of the safe
harbour for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995.
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