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EXCLUSIVE-Chile Enersis to invest $10 bln in Latam to 2012

Tue Apr 1, 2008 11:43pm IST
 
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SANTIAGO, April 1 (Reuters) - Chile-based regional energy group Enersis (ENI.N: Quote, Profile, Research) ENE.SN said on Tuesday it will invest $10 billion in Latin America between 2008-2012, adding its plans are unswayed by turbulence in global markets.

"Around $4.4 billion will be spent on the distribution business and $5.6 billion on power generation, at today's exchange rate," CEO Ignacio Antonanzas told Reuters after a shareholder meeting of the group's Endesa Chile unit.

Enersis is the regional investment arm of Endesa Spain ELE.MC. (Reporting by Antonio de la Jara, Writing by Simon Gardner, Editing by Sandra Maler)

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