Transactions 2019

Engie Energía Chile

By October 15, 2019 No Comments

Prieto advised Engie Energía Chile S.A. in the negotiation and signing of a “balance of plant” type construction agreement with the Chilean subsidiary of the leading Spanish company in construction services for the wind and solar industries, Global Energy Services, for the construction of “Capricornio” solar power plant, which will be located in the Antofagasta Region, Chile, and which will have a total installed capacity of 82 MW. This project is part of Engie´s decarbonization plan, which implies the replacement of existing coal thermal power plants for new renewables plants, which in total will sum up to 1.000 MW and an investment of approximately US$ 1 billion. (2019)