Chile reports power investment uptick

Bnamericas Published: Tuesday, February 26, 2019
Chile reports power investment uptick

Investment in power sector projects under construction in Chile increased in the third quarter of 2018 after falling for two consecutive quarters, according to a government report.

In its latest sector financial review, the national energy commission (CNE) highlights that 3Q18 investment hit US$975mn, just below the last recent quarterly high of US$988mn in 2Q17.

CNE mainly attributed the increase to the start of construction of some projects.


A separate commission bulletin reports that power generation projects under construction in January totaled 2,747MW, led by run-of-the-river, wind and diesel plants. The bulk of capacity is due online this year and next.

Net installed capacity last month totaled 23,294MW, of which 52.9% was thermo, 26.4% conventional hydro and 20.7% NCRE.

Power generation projects under construction in Chile (SOURCE: CNE)


Information from the country's environmental evaluation service (SEA) shows that year-to-date, 23 power projects have been submitted for a combined investment of US$610mn, the largest of which are the solar parks El Sauce (US$130mn, 100MW) and Alcones (US$120mn, 90MW).

Of the 23 projects, 15 are small-scale solar initiatives with investment from US$7mn to US$13.5mn that look to benefit from the government's small distributed generation (PMGD) promotion program for plants up to 9MW.

BNamericas is tracking over 1,400 sector projects in the early stage and under construction in Chile that are available here.


Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power (Chile)

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Electric Power (Chile)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Inkia Energy SpA  (Inkia Energy Chile)
  • Inkia Energy Chile is the local subsidiary of Peruvian firm Inkia Energy Inc., which acquires, develops, and operates power generation and distribution projects. Inkia Energy Ch...
  • Company: Energía Llaima SpA  (Energía Llaima)
  • Energía Llaima, a Chilean energy company, is backed by experienced investors who have "assumed the new challenges of national energy development." Energía Llaima is working to i...
  • Company: 3M Chile S.A.  (3M Chile)
  • 3M Chile is the local subsidiary of the diversified global technology company 3M, which operates in four business units: security and industry, transportation and electronics, h...
  • Company: GeoPark Ltd.  (GeoPark)
  • Founded in 2002, GeoPark Ltd. is a Latin America-focused oil and gas explorer and operator with operations in Chile, Colombia, Brazil and, on a smaller scale, Argentina. The com...
  • Company: Resiter S.A.  (Resiter)
  • Resiter is in the industrial waste management business and has operations in Chile, Peru y Uruguay. It will soon open offices in Colombia. The company offers a wide range of ser...