Aclara Submits Improved EIA for the Penco Module [Yahoo! Finance]
Hubbell Inc (HUBB)
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Source: Yahoo! Finance
Environmental Impact Assessment (the "EIA") for the Penco Module project (the "Project") with the Environmental Service Assessment ("SEA") in Concepción, Chile. The EIA incorporates an improved technical design of the Project, which the Company believes addresses all concerns related to environmental and social requirements from the public services and local communities. In addition, the EIA has further been optimized following the review conducted by CAP S.A. ("CAP"). As Aclara's strategic partner in Chile, the Company will continue to leverage CAP's expertise and support through the course of its permitting process. Highlights Building on the new technical design of the Project and local community feedback, the EIA includes the following highlights: Commitment to protecting native forests: New Project design excludes the Jupiter deposition zone and modifies other components to avoid the areas where the 6 "naranjillo" trees were previously found (see below "History and Permit
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