belongs to the Italian state and is larger than the English generator. Native soil is already through and Pullinque Pilmaiquén projects with a capacity of 90 MW. His specialty is developing geothermal Enap with four awards at a time when the bet is to diversify the company in a scenario of an energy crisis.
increase its hydroelectric capacity in the Central Interconnected System (SIC) and develop the geothermal potential that exists in Chile. With these objectives arrive our country the Italian giant Enel (Ente Nazionale per l'Energia Electrica), seeking to become one of the most important generators of local market. That, after formalizing the Public Offering of Shares (OPA) for Endesa Spain in the National Securities Market of the Iberian country in September this year.
In 2005, Fausto Batini, manager of international department of Enel, and Oscar Valenzuela, General Manager of Enel Chile and Empresa Nacional de Geothermal, were emphatic in pointing out the decision to become a major player in the CIS: "We'll to achieve if we find attractive projects from the economic point of view. We're seeing all the SIC on hydropower, "he said Valenzuela.
Currently, the Italian firm has two plants in passing in the central-Pilmaiquén and Pullinque-totaling 90 megawatts (Mw), and the strategy is to increase this figure through the application and purchase of water rights, the study acquisition projects or initiatives that are already operating.
company Enel is Italy's largest energy and the third largest in Europe. Produces and sells electricity in Europe, North and Latin America, and has the capacity to generate 50,776 MW. In Italy, the second natural gas distributor and is responsible for the operation of hydropower stations, thermal, nuclear, geothermal and wind. In 2006, Enel generated revenues of 38,500 million euros, earnings totaled eight billion euros.
ALLIANCE WITH ENAP
To provide electricity to the SIC from developing geothermal (heat energy contained within the earth, which is transmitted by thermal conduction to the surface), in 2005 Enel closed society Enap National Geothermal Energy Company (ENG)-where the Italian has 51% and 49% Enap - and Northern Geothermal (GND) to provide electricity to the Northern Interconnected System.
The challenge is to develop four geothermal projects: Apacheta and Torta, Region II, Dungeon and Chillán, located in the final environmental impact study. The company has said that if certain the four initiatives, evaluate the installation of a minimum of 600 MW, which would rise to the 1,900 MW, depending on the scans.
In Chile there is potential to install power for a total of between 1,235 and 3,350 MW, and Enel is the first company in the world in the development of such energy. Known unofficially decided to move into the country because " respect the agreements "and that there is a" firm decision "to develop renewable energy, which was fueled by a bill promoted by the minister, Marcelo Tokman.
In this scenario, the Italian looks to diversify Chile's energy matrix producing at least two thousand megawatts. The idea of \u200b\u200bItaly is that geothermal energy represents 20% of the local energy matrix. "This company has more know-how in renewable energy Endesa, and the opportunities that are opening up in Chile for these energies, it creates an interesting space to be very well used by them," says Maria Isabel Gonzalez, former executive secretary CNE.Pero warns of Enel will own the main electricity generator, Endesa, and the second distributor Chilectra. "That has never been good for the country in the hands of anyone. The regulator's interests coincide with those of investors. "
Regarding the company's environmental policy, in December last year, Enel launched a five-year plan to develop renewable energy sources, as well as for developing new technologies that do not harm the environment. Investment in this plan will be 4,100 million euros. Energy experts say that this aspect is relevant, since Endesa Spain is not any program of this magnitude, and therefore believe that a company will be far more "green" Endesa.
Carla Alonso Sunday Nation
OTHER DATA TO CONSIDER
| | Activity Energy and Commodities |
| | Address Viale Regina Margherita 137
Rome - ItaliaTeléfono: +39 (0) 683 053 437 - Fax: +39 (0) 683 053 771
Internet: http://www.enel.it | |
| Partners to | 27/04/2009 Director General Fulvio Conti | |
| Shareholders at 04/27/1909 | Italian State: 21.10%
Cassa Depositi e Prestiti: 10.10% | |
| Description | Enel is the 1st producer and distributor of electricity Italian. Revenues (excluding divested activities) by activity as follows: - sale of electricity and natural gas (54.1%): 142.6 TWh of electricity sold and 4.5 thousand m3 of natural gas sold in 2006 ; - electricity production (32.7%): 103.9 TWh products, distributed by type of energy from thermal energy (71.1%), hydro (23.5%), geothermal (5%) and renewable (0 , 4%). In addition, the group develops an engineering activity and construction of facilities and power production units, - transport and distribution of electricity and gas (2.3%): 255 TWh of electricity and 3,700 million m3 carried. In late 2006, Enel had a network of electricity transmission and 1,096,300 miles of gas transmission network of 31,113 km - other (3%): in particular, management activities on their own. The balance of revenues (7.9%) about the jobs secured in the international arena. | |
| Accounts |
| income statement | 2003 | 2004 | | 2005 2006 2007 | |
| Result grandson | 2427 | | 2747 4132 3101 | | 4213 |
| Earnings | | 4732 5870 5538 | | 5819 6,990 | |
| Turnover | 28,937 28,658 | | | 32,272 37,497 42,695 | |
| Net result (share 2,509 | | 2,631 3,895 | | 3,036 3,977 | |
| Products | ord activities | 32,374 30,998 33,928 | | 38,401 43,603 | |
| cost of debt finance | 0 | - 722 | -657 -538 | | 1398 |
| ACTIVITIES Net income from -136 | | -155 | 1272 | 0 | 127 |
| proportional results | | 0 -25 -30 | | -4 | 12 |
| | thousand euros | thousand euros | thousand euros | thousands of euros | thousand euros |
| Balance |
| Balance | 2003 | 2004 | 2005 | 2006 | 2007 |
| Total assets | | 69,839 65,378 50,502 | | | 54,500 123,748 |
| together Suppliers and | | 7,227 6,818 6,610 | | 6,188 9,622 | |
| Total passive | | 69,839 65,378 50,502 | | 54,500 123,748 | |
Equity | | | 21,315 19,066 19,416 | | 19,025 23,789 | |
| | Intangible assets 5,263 | | 3,362 | 607 711 1903 | |
| non-current financial assets | 2,060 2,120 | | | 3,608 2,118 6,252 | |
| treasures Cash and cash equivalents 1,458 | | | 331 476 547 | 1,234 | |
| Provisions for liabilities and charges | | 5,758 4,314 3,929 | | 6,784 9,382 | |
| non-current financial debts | | 18,532 20,291 10,967 | | | 12,194 52,155 |
| Debt Current financial | | 7,191 6,589 2,296 | | 1,409 8,014 | |
| Goodwill | | 8,313 6,709 1,575 | | 2,271 26,274 | |
| Tangible | | 37,155 36,702 | | 30,188 34,846 55,471 | |
| Stocks and work in progress | 4,211 1,345 | | | 884 1,209 1,726 | |
| customer and account credits vinc | | 6,977 8,027 8,316 | | 7,958 11,576 | |
| | Other assets 4,402 | | 6,782 4,848 4,840 | | 19,312 |
| Other liabilities 9,816 | | | 7,807 6,990 7,959 | | 19,225 |
| | thousands | EUR thousands EUR thousands | | EUR thousands EUR thousands | EUR |
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