Analysis details (08:20)
- Of note, HidroAysén is owned by a corporation which is a joint venture between Endesa (a subsidiary of Italian conglomerate ENEL), with a 51% stake and by Colbún S.A. which owns the other 49%.
- Chile's supreme court approved HidroAysen's five generating units, but environmentalists then brought the project to a special ministerial group for review.
- HidroAysen, whose generating units alone were initially seen costing USD 3.2bln, is now expected to require over USD 8bln in investment, considering the transmission line, according to industry analysts.
24 Jun 2013 - 08:16 - Equities - Source: RANsquawk
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