By Stephen Nakrosis

Enel Green Power North America, Inc. has started operations at its 450MW High Lonesome wind farm in Texas, the company said, adding that it is planning an expansion to 500MW on the heels of a deal with Danone North America.

Enel SpA (ENEL.MI) is the parent company of Enel Green Power North America.

The High Lonesome facility is "the largest operational wind project in the group's global renewable portfolio," the company said.

Enel said it signed a 12-year renewable energy power purchase agreement with Danone North America. As a result, Enel said, it is expanding the project's capacity by 50MW. Expanded operations are expected to start in the first quarter of 2020.

Mariano Lozano, president and chief executive of Danone North America, said "As a public benefit corporation committed to balancing the needs of our business with those of society and the planet, we truly believe that this agreement makes sense from both a business and sustainability point of view."

According to Enel, investment in the plant totals about $720 million.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 23, 2019 12:55 ET (17:55 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Enel (BIT:ENEL)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Enel.
Enel (BIT:ENEL)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Enel.