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EDF: capacity acquisition in Chile finalized

(CercleFinance.com) - EDF says it has finalised the acquisition, in partnership with Chilean AME, of 750 MW of flexible electricity capacity from AES Gener (gas and peak demand), to support the development of its renewables projects in Chile.


The French electricity giant specifies that the transaction concerns the Nueva Renca natural-gas combined-cycle power plant (379 MW) and three peak-demand combustion turbines at Los Vientos (132 MW), Santa Lidia (139 MW) and Renca (100 MW).

The assets are held in co-ownership with AME, and 75% of the transaction has been financed with bank loans. EDF and AME anticipate modernising the assets to optimise efficiency and environmental performance.

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