Enel Green Power on Uruguay wind program

(ANSA) - Montevideo, June 16 - 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".