Chile OKs $1.4B Coal Plant After Endesa Adds Enviro Fixes

Law360, New York (December 4, 2012, 6:37 PM EST) -- A Chilean government committee has lifted its suspension of Endesa SA’s 740-megawatt, $1.4 billion thermoelectric plant in the port city of Huasco, with the company agreeing to spend $40 million to reduce the coal-fired plant’s emissions, the company said in a statement Monday.

Chile’s Committee of Ministers agreed to lift its suspension of the proposed Punta Alcalde project after the company agreed to a “voluntary commitment establishing a maximum level of particulate emissions at a level 10 percent below that of the current emissions standard,” the...
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