Innergex completes acquisition of 332 MW Chilean wind portfolio
Innergex Renewable Energy Inc has acquired the 100% of the ordinary shares of Aela Generación S.A. and Aela Energía SpA, which includes a 332 MW portfolio of three newly-built and operating wind assets in Chile. The transaction is valued at US$686 million.
The Aela’s portfolio comprises three wind farms: (1) the 170 MW Sarco wind farm, (2) the 129 MW Aurora wind farm, and (3) the 33 MW Cuel wind farm. The energy produced from the projects is contracted by two forms of power purchase agreements with 25 Chilean distribution companies, maturing at the end of 2036 and 2041, for an average remaining tenor of 16 years.
Country updates
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June 15, 2022
X-Elio enters energy storage market with battery-solar hybrid in Antofagasta
X-ELIO is planning to build its first battery energy storage project (BESS) to support the energy production of its 58 MW Uribe Solar photovoltaic plant in the Antofagasta region, Chile. The pro...
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May 23, 2022
EDF, Ibereolica completes the 60 MW expansion of the Cabo Leones I wind project in Freirina
EDF Renewables and Ibereólica Renovables have announced the entry into commercial operation of the park extension Cabo Leones I wind farm in Chile, after receiving authorization from the Nation...
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May 17, 2022
Ampt equips optimizers for 240 MW solar-plus-storage project in Atacama Desert
Ampt, a DC optimizer company for large-scale photovoltaic (PV) systems, has completed delivery to the 240 MW solar power plant in Chile. The project uses Ampt String Optimizers to link the PV system t...
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April 28, 2022
FRV starts permitting process for 432 MW solar project in Atacama Region
Fotowatio Renewable Ventures, a leader in the development of sustainable energy solutions and part of Abdul Latif Jameel Energy, has begun processing the environmental impact study for the Llanos de M...
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April 21, 2022
AES inaugurates 110 MW Los Olmos wind project in Biobio
AES Chile has completed the construction of the 110 MW Los Olmos onshore wind farm in Chile, the country's first self-built wind farm. Comprised of 23 4.8 MW wind turbines in the Chilean province of...
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