Statkraft has signed an agreement to buy a majority stake in the listed Chilean hydropower company Empresa Eléctrica Pilmaiquén.
Pilmaiquén owns and operates the Rucatayo hydropower plant in the south of Chile, including a transmission line connecting the power plant to the grid. The company also holds water rights for three hydropower projects in the same river.
Two of the projects, Osorno) and Los Lagos are ready for construction, and the transmission line has the necessary capacity to connect all three projects.
[bc_video account_id=”” player_id=”” video_id=””]