Chile Endesa Restarts Operations At Quake-Damaged Bocamina I Plant
16 12월 2010 - 5:39AM
Dow Jones News
Chile's largest power generator, Empresa Nacional de
Electricidad SA (EOC, ENDESA.SN), has restarted operations at its
quake-damaged 128-megawatt Bocamina I coal-fired power plant, the
company said Wednesday.
The earthquake, the fifth strongest on record, killed hundreds
and caused widespread damage, estimated at $30 billion, in the
nation's central-southern regions.
Bocamina I, located in the southern city of Coronel, supplies
energy to the central SIC grid, which is Chile's largest. The SIC
grid, which supplies energy to over 90% of the nation's population,
runs from the northern city of Tal Tal to the southern island of
Chiloe and has approximately 11,150 megawatts of installed
capacity.
The earthquake also set back the construction of Endesa's
neighboring Bocamina II plant, which is now set to start up
operations by the end of 2011, nearly a year behind schedule.
Endesa is owned by Chilean energy holding company Enersis SA
(ENI, ENERSIS.SN), which in turn is owned by Spain's Endesa SA
(ELEZF, ELE.MC).
Late Wednesday, Endesa's shares were gaining 0.4% to 906.00
Chilean pesos ($1.91) per share, while the blue-chip Ipsa index was
up 0.5%.
-By Anthony Esposito, Dow Jones Newswires; 56-2-715-8929;
anthony.esposito@dowjones.com