Norwegian Stratkraft plans to invest $280mn in energy projects in Chile

The Norwegian state electricity company Stratkraft plans to increase its energy production tenfold by 2026, to gain scale and improve its results. The firm currently operates a 52 megawatt hydroelectric plant on the Pilmaiquén River and has ownership interests in two other plants. It is also investing $173 million in the building of a second hydroelectric plant, Los Lagos, on the Pilmaiquén River, of little more than 50 MW; and it has three wind farms that they hope to start building next year with an investment of $180 million.

Source: Diario Financiero