Duke Starts Acajutla Commercial Operations

Thursday, November 30, 2000

United States power company #Duke Energy International# has started commercial operations of a US$75mn, 100MW expansion to the #Acajutla# thermoelectric plant in El Salvador that now has 300MW capacity, the company announced yesterday. Local press reported in September that the expansion was complete.

Duke bought Acajutla, in Sonsonate department, in a September 1999 privatization. Together with generator #Genersal#, which owns the Soyapango and San Miguel plants, Duke now generates 400MW in El Salvador, representing 15% of the national total.

"The political and economic stability of El Salvador offer attractive opportunities for investors,'' DEI president and CEO Bruce Williamson said. "The location of El Salvador affords gateways for integration of the energy sector to both the north and south -- making it an ideal base for growth of our Central American operations.''

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