The National Petroleum Company, ENAP, through its subsidiary ENAP Refineries SA (ERSA) - signed an agreement with Foster Wheeler-Amec plc for the purchase of 85% ownership of Petropower Energy Ltda. whose main operation is a cogeneration electricity and steam plant located in the Eighth Region.
With this operation, ENAP group of companies happens to have 100% control of the up to date energy firm owned 15% - and consolidates its final entry into the market of electricity generation, under the defined strategic role for the state in the government's Energy Agenda.
The General Manager of ENAP, Marcelo Tokman , said that "this acquisition will allow us two fundamental objectives for our strategic role. First, we ensure the operational continuity of the Bio Bio Refinery, but also allows us to sell excess energy to third parties, injecting the Central Interconnected System (SIC). "
He added that "this acquisition strengthens our position in the energy sector, enabling us to better fulfill the role assigned by the Energy Agenda contribute to power development in the country".
Petropower is a limited liability company, founded in 1993, whose main rotation energy production, steam and certain interconnection systems through its operation located in the commune of Hualpen, Biobio Region.
The complex includes a unit Petropower cogeneration of electricity and steam, a plant diesel hydrotreating and delayed coking. Finally, after this operation, the company Petropower Energy Limited is made up of National Petroleum Company, which maintains its original stake of 7.5% and ENAP Refineries SA, with 92.5% share.
The agreement between ENAP and Amec plc-Foster Wheeler also includes a new operation and maintenance contract in force until 31 December 2017, so that this activity will be in charge of the team that is currently in complex operations.
