The project commercial centre in Garrucha - which has the necessary permits from the Junta - has got back on track after Sevillana - Endesa, the electrical company, backed down on demands for an upfront paymet of 16 million euros.

It seems that Endesa refused to carry out the necessary work to supply the area with electrical power unless an upfront payment of around 16M € was paid by the promoters, as Endesa felt that the project would not succeed and the capital investment in electrical works would be wasted. The pessimists! However, the promoters of the centre were unable or unwilling to cough up €16,000,000.

Under an agreement brokered by the Junta and the town hall of Garrucha, the promotors will pay €3,000,000 to connect the new sector to the Mojacar substation (an underground line, I noticed with interest!). This line will also supply a new hotel, petrol station, VPOs and a couple of new urbanisations.

This means that the last hurdle has been completed and initial planning permission can now be implemented.

See also...

• December 22, 2008 -- Garrucha gets a Gordo prize!
• December 16, 2008 -- Robbery foiled in Garrucha
• December 15, 2008 -- Irony and Sevillana Endesa
• December 11, 2008 -- Sale season starts early next year!
• November 7, 2008 -- CNE wants to put electric up by 31%

Tags: endesa, garrucha, shopping, vpo

This entry was posted on Wednesday, November 5th, 2008 at 4:11 pm and is filed under Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 Email This Post

If you enjoyed this post, why not subscribe to my RSS feed and keep up to date?