Emgesa, a subsidy of Enel, has commission a 400 MW hydropower plant in Colombia. Once the completed, the $1.2 billion plant, which will generate 2.2 TWh per year, will meet 4% of Colombia’s electric needs.
According to Enel CEO, Francesco Starace, the plant, “has already recorded a number of firsts. It is the most impressive engineering work built by the Enel Group in the last six years, is one of Enel’s largest hydropower investments in South America and is also the first privately financed power plant in Colombia.”
Under a 20 year Power Purchase Agreementm power generated from this plant will be sold to Colombia’s Comision de Regulacion de Energia y Gas.
To read more about the development of this project in Colombia, click here.
