| Project Detail |
The operation is an allocation under the FL ENEL ENERGY EFFICIENCY & RENEWABLES FL (LATAM) (2020-0823) approved by the Board of Directors on 17.11.2021 (CA/548/21) supporting the development of renewable energy generation and distribution projects in Chile.
Objectives
The project is part of the initial pipeline of investments presented for the assessment of the parent FL and consists of the construction and operation of two solar PV plants located in Sierra Gorda and El Manzano for a total of 304 MWp with an estimated energy yield of 839 GWh/year. The scope of this renewable energy generation component includes some ancillary infrastructure such as substations, main access roads, high voltage transmission lines and 67 MW of battery storage for El Manzano. The project also includes investments in expansion and renewal of distribution network together with smart meters in all communes of the province of Santiago
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
USD 251 million (EUR 231 million)
Total cost (Approximate amount)
USD 825 million (EUR 760 million) |
