Enel Green Power, through its subsidiary in Latin America, has given details of its strategic growth plan for the next five years.

The company said it is considering investing a total of $5.1 billion in renewable energy projects in Latin America.

This budget is compared with the capex of $9.6 billion that the company has in place for investment in Latin America in conventional energy for the same period, although this figure includes investment in growth and maintenance.

In Chile, Enel Green Power has projects totaling 598 MW, making the country its second largest market after Brazil with 837 MW.