This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Sniace construirá una planta de ciclo combinado en Torrelavega
Sniace will build a plant cycle combined in Torrelavega
25/08/2005
on August 25, 2005
Sniace will invest 350 million euros in the construction of a combined cycle of 800 megawatt (MW) power in Torrelavega (Santander), as reported by the Chairman of the group, Blas Mezquita, who pointed out that currently the company is waiting for the study of positive environmental impact of this project which enables its construction.
The operation is performed in phases, the first of which will be launched before the end of the year in order to obtain resources for financing energy projects in which paper society is currently immersed. In this sense, Mosque Sáez stressed the agreement recently reached with Elecnor to build a plant of bioethanol, which will involve an investment of EUR 60 million and will begin to rise in 2006.
