Spain's Grupo Ibereolica planning 794-MW wind farm project in Chile

Spanish renewable energy company Grupo Ibereolica Renovables has initiated the environmental permitting process by filing a full study of the impact of its proposed 793.6-MW wind farm project in Chile.

The developer is prepared to invest around USD 684 million (EUR 560m) to erect 128 wind turbines of 6.2 MW each in the Chilean region of Antofagasta. The project, named Antofagasta, would be located in an area characterised by average wind speed of 7.2 metres per second, Ibereolica Renovables said in the summary of its environmental impact study (EIS).

Construction is projected to start in mid-2022.

The Spanish developer already operates one wind farm in Chile and is on track to build more large-scale projects in the country.

Early this year, Ibereolica Renovables filed a declaration of environmental impact for the 500-MW Antofagasta solar project and later placed turbine orders for extensions of the Cabo Leones wind farm complex.

This summer, it was announced that Ibereolica Renovables had secured a joint-venture partner in Spanish oil-and-gas major Repsol SA (BME:REP) to advance the development of a 1,600-MW-plus wind and solar portfolio in Chile by 2025.

(USD 1.0 = EUR 0.819)

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