1/26/2011

Italian Enel to invest in geothermal energy in Turkey

Sabah - Italian energy company Enel teams up with Turkish Meteor consortium to invest in geothermal energy sources in western Turkey. A statement from Enel Green Power, a division of Enel Energy, said that the company intends to explore and utilize geothermal energy sources with its Turkish partner, the Uzun Group.

Enel Green Power has been granted 142 licenses for geothermal energy investments that cover areas in the Aegean and Marmara regions. Enel and its Turkish partner the Meteor Consortium, part of the Uzun Group, will establish a joint venture for the endeavour. Enel Green Power CEO Francesco Starace said that Turkey has large untapped geothermal energy sources and Enel could build a 100 MW geothermal power plant with a EUR 350 million investment.
turkey; energy industry; energy investment; geothermal sources; enel; meteor; uzun group

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