News
Press Release: Endesa Renounces its rights to water, cancelling its hydroelectric Projects. Marañón Waterkeeper questions viability of Veracruz Dam on the Marañón.
Press Release: Endesa Renounces its rights to water, cancelling its hydroelectric Projects. Marañón Waterkeeper questions viability of Veracruz Dam on the Marañón.
FOR IMMEDIATE RELEASE
Contact: Benjamin Webb, International Coordinator, Marañón Waterkeeper
benjamin@maranonwaterkeeper.org +51 9 51242355
Lima, Peru, Friday, September 02, 2016 –– Endesa Chile, a multinational energy company with US $4.2 billion in 2015 revenues, is relinquishing rights this week to develop large hydroelectricity projects on five river basins in Chile. The decision was adopted after analysis including social and environmental impacts showed that these projects are not technically nor economically feasible.
Parent company Enel is the largest investor in the Veracruz Dam project on […]
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