Enel signs 3 TWh renewable energy supply deal in Chile
Post date: 30/07/2019 - 17:13
Enel Green Power (EGP), the Italian Enel Group’s global business line dedicated to renewable energy, through its Chilean subsidiary Enel Generación Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican over a 10-year period, meeting the needs of the mining company’s operations in the country. This agreement is the largest renewable energy supply deal ever signed by the Enel Group in terms of annual volumes as well as the largest deal of its kind in Chile. The renewable energy from Enel Generación Chile will help AngloAmerican reduce its total CO2 emissions in Chile by over 70 percent. The agreement will take effect in 2021.
Enel is Chile’s largest power company by installed capacity with around 7,500 MW, out of which 4,700 MW of renewables, composed of more than 3,500 MW of hydro, over 600 MW of wind, around 500 MW of solar and approximately 40 MW of geothermal. In 2018, Enel in Chile sold around 23.2 TWh of electricity.