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Endesa Chile to buyout Gas Atacama power complex

SANTIAGO, March 31 (Reuters) - Leading Chilean electricity generator Endesa Chile said on Monday it had agreed to buy the 50 percent stake in Gas Atacama owned by private equity fund Southern Cross for $309 million in cash.

Endesa Chile already owns the other half of Gas Atacama, a 781-megawatt gas-fired power complex in Chile's mineral-rich north.

(Reporting by Santiago newsroom, Editing by Franklin Paul)