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    Enel Green Power Chile to Invest USD190 Million in La Cabana Wind Farm and Battery Storage Project in Chile


    November 29, 2022 - Marketline - Deals

     

      Deal In Brief

      Enel Green Power Chile, an Enel Chile subsidiary, began constructing its new La Cabana wind farm, which also incorporates an innovative energy storage system using lithium batteries (34.3 MW BESS)

      This new 100% clean energy generation plant, which contemplates an investment of approximately US$190 million and an installed capacity of 105.6 MW, will be complemented by the power of the BESS system (34.3 MW). La Cabana is part of the portfolio of renewable projects developed by the company nationwide. Through this, it promotes the decarbonization of its generation matrix on its fair energy transition strategy

      The La Cabana wind farm contemplates the installation of 22 wind turbines of 4.8 MW each. During its construction peak, it will employ approximately 450 people and aims to contribute to local growth by generating shared value creation policies and by hiring local labor specialized in developing renewable energy plants.

      Deal Value (US$ Million) 190
      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Announced: 2022-11-24

      Deal Participants

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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