Enel Buys Five U.S. Hydro Plants

Enel North America, (ENA) has acquired five hydroelectric power projects with a total capacity of 27 MW in the U.S. This increases the company’s consolidated ownership of renewable energy projects in North America by approximately 20 percent since the beginning of 2004, and confirmed its strategy of seeking growth opportunities in secure regulatory environments.

Rome, Italy -July 7, 2004 [SolarAccess.com] ENA owns and operates nearly 425 MW of small hydro, wind power, and biomass generation located in the 16 US states and two Canadian provinces. They have also recently reached an agreement to acquire two electricity distributors in Romania, and won a management contract to manage a combined cycle gas plant in St. Petersburg, Russia.
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