Italy's Enel Inks Power Deal With Las Vegas Resort
January 25 2018 - 10:58AM
Dow Jones News
By Marc Navarro Gonzalez
Italy's Enel SpA (ENEL.MI) has signed an agreement to sell the
energy produced at its new solar-power facility in Nevada to U.S.
resort Wynn Las Vegas, the company said on Thursday.
Enel has invested about $40 million in the facility, it
said.
Under the power-purchase agreement--signed through Enel's
renewable energy subsidiary, Enel Green Power North America,
Inc.--the Italian company will sell over 43,900 megawatt-hours a
year to Wynn Las Vegas.
The new 27-megawatt plant, named Wynn Solar Facility at
Stillwater, is under construction in Churchill County, Nevada, Enel
said. Production is expected to start by the first half of the
year.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
January 25, 2018 10:43 ET (15:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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