Italy's Terna seeks to develop renewable plants in Chile

Nov 6, 2013 - Italian power grid operator Terna SpA (BIT:TRN) aims to develop turnkey renewable energy plants in Chile with the purpose to sell them to third parties, chief executive Flavio Cattaneo said at a workshop on energy in Latin America held in Rome on Tuesday.

The grids are strategic infrastructure and drivers of development, investments and employment, Cattaneo said at the workshop discussing electricity and grids as factors of sustainable development and integration of Latin America organised by the Italo-Latin American Institute (IILA) and held at the seat of the Italian Ministry of Foreign Affairs.

Cattaneo said that the Latin American countries, with their continuous growth trend, can be an opportunity for Terna, both for its experience and competence in transmission and distribution and for its non-traditional business to build renewable energy plants for third parties, the Italian Foreign Ministry said in a statement on the workshop.

Apart from Terna, Italian companies Enel SpA (BIT:ENEL) and Gestore dei Servizi Energetici SpA also attended the workshop, joined by government and regulatory authority officials.

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