Oceana Halts Construction of $1.4 Billion Power Plant Project
A $1.4 billion power plant project, known as Punta Alcade, in Chile has been cancelled by multi-national energy company Endesa. Punta Alcade would have been built in the coastal town of Huasco, which is already heavily polluted with five existing power plants. The project’s owner, the multi-national energy company Endesa, attributed high costs associated with environmental requirements as part of its reasoning for withdrawing from the project. Oceana in Chile and its allies campaigned against Punta Alcade’s construction for four years as part of its work to establish clean energy technology throughout Chile and move away from fossil fuel emissions.