Hydropower Company Changes Name

September 5, 2003 [SolarAccess.com] HI Energy, changed its name to Enel North America in order to better reflect a previous acquisition. Enel, Italy’s major electricity company and a world leader in renewable energy, bought Stamford, Connecticutt-based CHI in December, 2000. The North American group, a provider of renewable energy, owns and operates 430 MW of small hydro, wind power, and biomass generation in the United States and Canada. Enel North America was originally founded in 1985 as Consolidated Hydro, Inc. with a portfolio of small hydro plants in the northeastern U.S. In 1997, the company changed its name to CHI and expanded its activities to other renewable technologies. The company now has 89 power plants operating in 17 U.S. states and two Canadian provinces, primarily selling wholesale electricity.
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