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Desertec: Enel Green Power, NAREVA Holding, Red Eléctrica de España and Saint-Gobain Solar become part of joint venture Dii

03/22/2010

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    Munich - Four companies have today joined the Desertec joint venture Dii. The new shareholders are Enel Green Power (Italy), NAREVA Holding (Morocco), Red Eléctrica de España (Spain) and Saint-Gobain Solar (France). The Dii was founded in 2009 as the “Desertec Industrial Initiative” and aims to create the framework for generating sustainable and climate-friendly power in the deserts of the Middle East and North Africa and prepare the integration with the European energy market.

    Press release - Desertec: Four companies have today joined the Desertec joint venture Dii (PDF, 137 KB)
    Dii – Enabling Desertec in EUMENA (PDF, 961 KB)

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    This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.