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Chilean Bishop at Enel’s Annual General Meeting to Argue Against Big Dams in Patagonia April 28th, 2010
“No to new big dams in Patagonia; Water should be public again”
Luis Infanti De La Mora, Bishop of Aysén region (Chile), will attend Enel’s Annual General Meeting today to say “no” to a project for the construction of five big dams on the rivers Baker and Pascua, and to get Chilean water back in public hands. The Bishop will be delegated to attend the meeting by the Missionary Oblates of Mary Immaculate, by initiative of Fondazione Culturale Responsabilità Etica. The Oblates are shareholders in Etica.
“We wanted to involve the international network of religious investors”, explains Ugo Biggeri, the Foundation’s Chairman. “The Oblates are part of Interfaith Center for Corporate Responsibility (ICCR), a coalition of more than 275 religious orders, based in New York, that submit over 200 shareholders resolutions each year to the AGM’s of US most important companies and they are founding members of the International Interfaith Investment Group (3iG).”
Enel has inherited the big dams projects in Patagonia by Spanish utility Endesa, acquired by Enel in 2009. It’s a project with devastating impacts on a real natural paradise that poses serious risks on the security of dams, since Aysén is a seismic region.
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