PARIS, Feb. 25 (UPI) -- Chilean and French energy officials will lead a joint energy group that focuses on renewable and alternative energy resources, a French energy company said.
Chilean and French ministers of energy sponsored a bilateral energy group tasked with promoting a policy of sustainable energy through renewable and non-conventional natural resources. Both nations would also support an exchange of technology for sectors such as nuclear power and hydroelectricity, French energy company GDF Suez announced.
The vision for the bilateral energy group was spelled out by French President Nicolas Sarkozy and Chilean President Sebastian Pinera during October talks in Paris.
A subsidiary of GDF Suez working in Chile is the largest electricity producer in the north of the country, controlling about half of the market.
The top executives at GDF Suez and Chilean energy company Quinenco Group will serve as joint chairmen of the energy group.