Sempra closes sale of Chilquinta Energía to SGID
Sempra Energy Group has completed the divestment of entire equity stakes in its Chilean businesses, Chilquinta Energía, to the State Grid International Development (SGID) for an investment of US$2.23 billion.
The sale also includes Sempra Energy's interests in two energy-services companies, Tecnored and Tecsur, which provide electric construction and infrastructure services to Chilquinta Energía, and 50% stakes in Eletrans, a company that constructs, operates, maintains and owns power transmission projects.
Chilquinta Energía is the third-largest distributor of electricity in Chile. The utility provides electricity to more than 2 million consumers in the cities of Valparaiso and Viña del Mar in central Chile and also is active in the development and operation of electric transmission lines.
Country updates
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June 25, 2020
JinkoSolar to supply solar panels for 60.9 MW Azabache Park Solar Project
Chinese solar panels maker JinkoSolar Holding Co Ltd has been commissioned to supply solar panels for the 60.9 MW Azabache Park solar project in Calama, Chile. The facility will consist of...
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June 23, 2020
Energy Kitchen to develop 33.6 MW Purranque 1 and Villa Alegre 1 wind projects in Los Lagos
German renewable energy start-up Energy Kitchen is developing a 16.8 MW wind project in Chile through a subsidiary called Windkraft Cuatro Chile. Purranque 1 and Villa Alegre 1 wind farms worth US$17...
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June 18, 2020
EGP starts construction of Renaico II wind project in Araucanía
Enel Green Power Chile, a subsidiary of Enel Chile, has started the construction work on its new Renaico II wind power plant in the commune of Renaico in the Araucanía Region. The new plant con...
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June 05, 2020
Acciona to develop 43.2 MW wind project in La Araucania
Acciona Energia Chile SpA, a unit of Spanish renewable energy group Acciona SA, has entered into an Environmental Assessment Service (SEA) for the development of the 43.2 MW wind project in the r...
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June 03, 2020
Enel Chile starts construction of Finis Terrae solar PV park extension in Antofagasta
Enel Green Power Chile has started the construction of the extension of the Finis Terrae photovoltaic solar park, located in the commune of María Elena, in the Antofagasta Region. Wit...
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