Enel Green Power, the
renewable energy branch of Italian energy giant Enel, has jumped
into the Uruguayan government's goal of reaching 50% of
renewables in its power supply by January 2016, with a wind farm
project in the country's northwest.
Melowind, named for the capital of the Cerro Largo
Department where it's located, is a wind farm that aims to
generate more than 200 million KW a year to sell to Uruguayan
state energy utility UTE, on a 20-year agreement.
Construction began in August 2014 and is slated to cost
just under 100 million dollars for Enel Green Power, already
present in 15 countries with 740 green energy plants.
Luigi Parisi, Enel Green country manager for Brazil and
Uruguay, said the country is good for investment because "it's a
country with abundant natural resources, economic growth,
attractive demographics, and a stable regulatory framework".
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