Repsol Ibereolica starts Chilean wind farms renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
Repsol Ibereolica Renovables Chile has signed a power purchase agreement (PPA) for the output from its 180MW Atacama wind power project.
The PPA, with an unnamed offtaker, has a 14-year term and guarantees “double-digit profitability” said the company, which is jointly owned by Repsol and the Ibereolica Renovables.
The Atacama wind farm will begin commercial operation in the second half of 2022.
The project is located in the Chilean municipality of Freirina, in the province of Huasco and the region of Atacama.
The Atacama wind farm is the second project the joint venture is developing in Chile, after the 189MW Cabo Leones 3 wind farm.