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(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 ...