Bkw Buys Into Tamarete

摘要

Swiss firm BKW on December 17 said it plans to increase its production capacity in Italy by acquiring a 48% stake in Tamarete Energia, a utility based in Ortona in the Abruzzi region. Financial details were not disclosed.rnTamarete plans to uprate a 5.5 MW gas-fired power station in Chieti (Ortona) to 104 MW. According to BKW, the project, to be completed at the end of 2010, would generate 500 GWh annually "and make a significant peak energy contribution to the region's power needs."rnOdoardo Zecca, which had been the sole shareholder of Tamarete Energia, is to retain a 20% interest in Tamarete, while another Italian utility, Hera, is to acquire a 32% stake.rnBKW, which has been an active player in the Italian market for eight years, formed in 2006 a holding company, BKW Italia, to manage its interests in the country. These include eight hydropower stations in Lombardy, minority shares in biomass installations in Campania and Sardinia, and a share in the Livorno Ferraris combined cycle gas turbine plant in Piedmont.