Wpd wins 350 MW of wind projects in Chile tender

German wind developer Wpd AG has secured contracts for 350 MW of onshore wind farms in Chile's power supply auction completed on Wednesday.

Three projects with Wpd's participation have been successful in the tender, the company said today. The developer has been awarded 20-year power purchase agreements (PPA) for the supply of 786.8 GWh per year, starting in 2021.

The three project are located in the southern part of the country and include the Malleco, which is the largest with almost 260 MW, Negrete and Duqueco wind farms. Wpd chief executive Hartmut Broesamle said the company would continue to develop the projects at full speed. Wpd has an office in Chile, employing 13 people.

The auction, which offered a total of 12,430 GWh annually, saw strong competition, achieving an average price of the contracted power of only USD 47.6 (EUR 43.3) per MWh. A total of 84 companies submitted bids for 85,000 GWh. The successful bidders were 28, Wpd said.

(USD 1.0 = EUR 0.909)

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