Chilean Regulators Ax Endesa's $1.4B Coal Plant

Law360, New York (June 25, 2012, 7:45 PM EDT) -- Chilean energy generator Endesa SA will appeal regulators' decision to suspend its plans to build a $1.4 billion, 740-megawatt coal-fired power plant to feed massive copper mines in the country's north, the company said Monday.

The Punta Alcade project, whose environmental assessment plan was rejected by a regional committee in Atacama, is the latest big infrastructure project in Chile derailed by lawsuits, regulators or localities. Canadian miner Goldcorp Inc., German utility E.ON AG and others have had to defend projects in front of regulators and courts....
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