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Energy: Chile Follows Europe Lessons

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France-based GDF-Suez aims to help Chile learn from the energy lessons of Europe.

BY ILAN MOSS


PARIS -- Chile will learn from Europe’s experience with renewable energies and eventually nuclear power in order to meet its growing electricity demand, according to Jan Flachet, CEO and President of GDF-Suez Latin America.

Chile has no conventional energy resources except hydropower,” Flachet tells the Latin Business Chronicle. “There is some similarity to Europe and we think that the experience in France could help Chile grow.”

In February, French energy utility GDF-Suez announced the creation of a Franco-Chilean energy group in Paris, at the behest of French President Nicholas Sarkozy and his Chilean counterpart Sebastian Piñera. Headed by Gérard Mestrallet, Chairman and CEO of GDF-Suez, and Guillermo Luksic, Chilean entrepreneur and President of the Quiñenco Group, the group should help “broaden the scope of renewable energy in Chile,” according to Flachet.

Both France and Chile aim to ...

Keywords: France, Guillermo Luksic, Nicholas Sarkozy, Sebastian Piñera

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