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ENDESA Italia is Awarded 100% of IDAS, Owner of the Development Rights for Three Wind Farms in Sicily.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- ENDESA Italia (NYSE NYSE

See: New York Stock Exchange
:ELE ELE

equine leukoencephalomalacia.
)

--This company was put up for sale last September through a public auction in which four other European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome.

This is a list of companies from the countries in the European Union.
 also took part.

--The wind farms will have a total installed capacity of 90.95 MW and an estimated output of 190 GWh.

--The group expects to invest Euro 111 million in the project.

ENDESA Italia (NYSE:ELE) has been awarded 100% of the Italian company IDAS IDAS ITS Deployment Analysis System
IDAS Interactive Defensive Avionics System
IDAS Initial D Arcade Stage (game)
IDAS Integrated Design Automation System
IDAS Integrated Data Acquisition System
, owner of the development rights for three wind farms in Sicily (Italy), at public auction initiated by FINVEN in September 2004.

The wind farms will be constructed in Palermo, Trapani, and Vizzini and have a total installed capacity of 90.95 MW. Their estimated output will be 190 GWh.

Four other European companies also took part in the auction.

The acquisition agreement is subject to the relevant authorisation for the construction and start up of the wind farms being obtained before September 30th, 2005.

Total investment in the project is estimated to stand at Euro 111 million.

The Trapani wind farm, with installed capacity of 32.3 MW, will start operating in March 2006, the Palermo farm (installed capacity of 34.85 MW), in June of the same year and the Vizzini farm (installed capacity of 23,8 MW) in August 2006.

This operation forms part of Endesa's strategic plan and is a further step in the implementation of the group's global environmental and sustainable development policy.

ENDESA currently has 20 MW of wind farm capacity in Sardinia and has signed a framework agreement with GAMESA GAMESA Galletera Mexicana Sociedad AnĂ³nima (Spanish)  ENERGIA S.A. by which it will acquire from this company wind farms in Italy with a total installed capacity of 200 MW in a period of three years.
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Publication:Business Wire
Date:Jan 24, 2005
Words:287
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