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Chile Marches On: Santiago Solar Awards Elecnor $117m Solar PV Plant Contract

Elecnor is to strengthen its Solar PV position in Chile. It has won the USD 117.2 million (equivalent to approximately EUR 110.8 million) contract to build a solar PV plant in Chile. The facility, with a capacity of 115 MWp, will be in the municipality of Til Til, to the north of Santiago, in the Metropolitan Region. The contract was awarded by Santiago Solar, whose shareholders are Andes Mining & Energy and EDF Energies Nouvelles, and encompasses the engineering, supply, assembly and start-up of the plant and the high-voltage evacuation infrastructure via a GIS substation connected with a high-voltage line. The project will be financed by a syndicate of banks headed by Crédit Agricole in New York.

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