Free press releases distribution network?

More news: Energy
Agency / Source: GDF SUEZ | ENGIE

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GDF SUEZ to Build New Power Plant and Transmission Line Following Successful Energy Auction in Chile - GDF SUEZ, through its subsidiary E-CL, has been successful in the recent energy auction in Chile - GDFSUEZ.com
GDF SUEZ to Build New Power Plant and Transmission Line Following Successful Energy Auction in Chile

 

PRZOOM - /newswire/ - Paris, Ile-de-France, France, 2014/12/16 - GDF SUEZ, through its subsidiary E-CL, has been successful in the recent energy auction in Chile - GDFSUEZ.com. FR0010 208488

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Group will deliver 5,040 GWh per year to the distribution companies of the SIC (Chile’s central electricity system) from 2018 for a period of 15 years. The energy will be provided from E-CL’s diversified portfolio of new and existing facilities, including LNG supply from GDF SUEZ.

The auction results are a significant development for the Group in Chile and will lead to the construction of the 375 MW IEM thermal power plant and an associated port, as well as a transmission line (TEN) that will connect the Mejillones and Copiapó cities.

Gerard Mestrallet, CEO and President of GDF SUEZ commented : “This success, following the energy auction result in Brazil in November, is a new step for GDF SUEZ to achieve its ambition to be the leading private power producer on the continent within three years. This project allows E-CL to commercialize energy in SING and SIC markets, to diversify its client portfolio and to contribute to an overall more efficient power market in Chile.”

IEM will be located in Mejillones, in the Northern system and represents an investment of approximately US$ 1,000 million. Environmental permits for the plant have been obtained and an EPC contractor appointed. The plant is expected to start operation in 2018.

The energy from this plant will be delivered to the SIC via the 600 km TEN transmission line, which has the potential to interconnect the two main electrical systems in Chile, as well as enable further deployment of non-conventional renewable sources. The total investment in the transmission line is estimated at US $700 million.

GDF SUEZ in Chile
GDF SUEZ is present in Chile through E-CL, the principal electricity generator on Chile’s Northern Electricity Grid (SING), with an installed capacity of 2,016 MW. GDF SUEZ also holds 63% in the Mejillones LNG terminal which became commercially operational in April 2010. In Chile’s Central Power Grid (“SIC”), the Group owns and operates the Monte Redondo wind farm. The Laja 1 hydroelectric project, a “run-of-the-river” plant, is currently under construction.

Solgas (100% GDF SUEZ) is a company dedicated to purchasing, selling and distributing gas to industrial and corporate clients.

GDF SUEZ is also present in energy services through its subsidiaries Cofely and Tractebel Engineering.

About GDF SUEZ
GDF SUEZ (gdfsuez.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services. GDF SUEZ employs 147,400 people worldwide and achieved revenues of €81.3 billion in 2013. The Group is listed on the Paris and Brussels stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).

Investor Relations contact: T: +33(0)1 44 22 66 29 - E: ir[.]gdfsuez.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: GDF SUEZ | ENGIE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GDF SUEZ to Build New Power Plant and Transmission Line Following Successful Energy Auction in Chile

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GDF SUEZ | E-CL
Contact: Press Office - GDFSUEZ.com 
+33(0)1 44 22 24 35 / +32 2 510 76 70 gdfsuezpress[.]gdfsuez.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GDF SUEZ | ENGIE securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From GDF SUEZ | ENGIE / Company Profile


Read Energy Most Recent Related Press Releases:

GE’s First Power Services Remote Monitoring and Diagnostics Center in Asia Pacific Enables Increased Performance through Analytics
Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today