Innergex acquires 68-MW solar farm in Chile at $66.1mn

Innergex Renewable Energy Inc has acquired the 68-MW Salvador photovoltaic plant in Chile along with a number of 11-year local demand-based power purchase agreements. The transaction, valued at a total of $66.1 million, was made with Etrion Chile SpA, Total Solar Latin America SpA and Holding, and Solventus Salvador SpA. Located in the Atacama Desert, the Salvador solar park is expected to generate 182.2 GWh annually, enough to meet the demand of over 70,000 local households.

Source: Renewables Now