Endesa (NYSE:ELE)
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ENDESA:
-- The total estimated investment in the facilities is Euro 66
million.
-- The wind farms will have a total installed capacity of 56 MW.
-- These two new facilities further ENDESA Italia's renewable
energy programme which contemplates almost 400 MW of wind
generated energy in Italy by 2009.
-- These wind farms form part of Endesa's strategic plan,
representing another milestone in the implementation of the
group's global environmental and sustainable development
policy.
Endesa (NYSE: ELE) announced yesterday that Endesa Italia has
begun construction on two new wind farms in Sicily with a combined
installed capacity of 56 MW.
The wind farms, located in Trapani and Vizzini, are expected to be
operative in summer 2006.
The total estimated investment in the facilities is Euro 66
million.
The wind farms will consist of 66 wind turbines, each with a
capacity of 850 kW. The Trapani wind farm will have 38 wind generators
totalling capacity of 32.3 MW while the Vizzini farm will have 28 wind
turbines, giving it capacity of 23.8 MW.
These wind farms will result in environmental benefits in the form
of annual savings of approximately 10,000 tonnes of oil and 84,000
tonnes of CO2 emissions.
These initiatives further ENDESA Italia's renewable energy
programme which contemplates almost 400 MW of wind generated energy in
Italy by 2009.
The wind farms form part of ENDESA's strategic plan, representing
another milestone in the implementation of the group's global
environmental and sustainable development policy.
ENDESA currently has 20 MW of wind farm capacity in Sardinia and
has signed a framework agreement with GAMESA ENERGIA to acquire the
latter's Italian wind farms -- with a total installed capacity of 200
MW -- over the next three years or less.
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 Comision
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.