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Government approves plans for gas plant (El Gobierno autoriza una planta de gas de las electricas).

Europe Intelligence Wire

| October 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Expansion)

The Spanish government has approved the plans of Spanish electricity groups Endesa, Iberdrola and Union Fenosa to found a joint venture under the name of Planta de Regasificacion de Sagunto, which will produce gas for the power stations of the country's three leading electricity groups.

The plant, which will be based in Sagunto (Valencia), will allow the import of gas via ships. The three companies signed an agreement ...

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