AES Gener incorporates Los Cururos wind farm in its portfolio.

This is a machine translation of the original press release issued in Spanish

AES Gener entered into a sales contract for the acquisition of the 110 MW “Los Cururos” Wind Farm, located in the Coquimbo Region. It is one of the largest wind farms in Chile, in operation since July 2014.

The transaction also includes the acquisition of the La Cebada Substation, which is part of the National Transmission System. The total price for both assets amounts to USD 138 million.

This acquisition is part of the Greentegra strategy, with which the company advances in the incorporation of renewable assets into its portfolio to accelerate a safer and more sustainable energy future.

“AES Gener is advancing steadily in the incorporation of renewable energy into its portfolio to make its customers' electricity supply more green and competitive. The incorporation of the Cururos, 110 MW of renewable energy 330 kilometers north of Santiago, will be added to the 847 MW that are currently under construction in Chile and that highlight the leadership of our company in the decarbonization process of the country, ”he said. Ricardo Manuel Falú, General Manager of AES Gener.

AES Gener has an installed capacity of 5,098 MW in Chile, Argentina and Colombia. It is currently building the most important hydroelectric project (Alto Maipo - 531 MW) in Chile, is the leader in battery solutions in the region and has a portfolio of more than 4,900 MW of projects under development between renewables and batteries, being the company generator with the largest number of renewable projects under construction in Chile.

This is a press release from the Chilean generation company AES Gener. Los Cururos wind farm was originally owned by EPM Chile, the local arm of Colombian energy company EPM .

BNamericas previously reported on this acquisition.