Endesa (NYSE:ELE)
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Today, Jesús 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 Comisión
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.