Mainstream secures Chile wind project approval

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Thursday, August 28, 2014

Chilean environmental authorities approved Mainstream Renewable Power's US$350mn 150MW Tchamma wind farm.

The complex will cover 1,900ha near mining town Calama on land granted by the public lands ministry and supply the northern SING grid.

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In a statement, Mainstream said it expects to close project financing in the third quarter 2015 after which construction would begin.

The company already operates the 33MW Negrete wind farm in southern region Bío Bío region through Aela Energía, a JV with Actis.

Mainstream also reported it will soon close financing and begin construction this year on wind projects San Manuel (27MW) and Alena (43MW) and solar park Pedernales (140MW).