Repsol and the Ibereólica Renovables Group have completed the construction of Cabo Leones III, the companies’ first joint wind farm in Chile. The wind farm, with a total installed capacity of 188.1 MW, is located in the province of Huasco in the northern region of Atacama.
The wind farm's first phase launched at the end of 2020, with 78.1 MW generated by 22 Siemens-Gamesa wind turbines (SG-132) with nominal power of 3.55 MW. An additional 22 Siemens-Gamesa wind turbines (SG-145), with nominal power of 5 MW, were installed in this second phase to add 110 MW of installed capacity.
As the second phase approaches completion, commercial operations are slated to begin in the fourth quarter of 2021. Together, both phases are expected to produce approximately 520 GWh of power per year with the capability of meeting the energy needs of 170,000 Chilean households.
Cabo Leones III has also made a significant contribution to local job creation, including up to 150 workers on the ground. Also, the clean, renewable power generated by the wind farm will save approximately 418,000 tons of CO2 in annual emissions for the region.
Global wind and solar development company, Mainstream Renewable Power has closed a US$280 million "mezzanine" construction finance facility with leading alternative lender AMP Capital Infrastructure Debt Fund IV. The AMP Capital facility complements the US$1.25 billion of senior project finance debt raised to date through two separate financings completed in October 2019 and August 2020.
Read moreMainstream Renewable Power has reached financial close for the second phase of its wholly-owned and fully-contracted 1.3 gigawatt Andes Renovables wind and solar power generation platform in Chile.
Read moreSociedad Austral de Electricidad Sociedad Anonima (SAESA) has signed an eight-year power purchase agreement (PPA) to procure up to 600 GWh per year from the 210 MW Cerro Dominador solar complex in Antofagasta, Chile.
Read moreAES Gener has filed an Environmental Assessment System (EIS) for its Parque Terra Energía Renovable project in Chile. The 863 MW proposal is a combination of photovoltaic, wind, and battery energy.
Read moreChilean power generator Colbun has applied for environmental approval to build the 719 MW/788 MWp Inti Pacha solar photovoltaic project in the Antofagasta region in Chile.
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