Chamber passes Fogape 2.0 into law

The Chamber of Deputies passed Fogape 2.0 into law. Fogape 2.0 aims to expand state-guaranteed loans to SMEs amid the devastation caused by the pandemic. One of the changes made by the senate include that the rate to be charged by the bank on an annual basis cannot be higher than the MPR plus 0.6% per month. This translates into a maximum of TPM+7.2% per year.

More than 2.1 million households applied for the IFE and the COVID Bonus

More than 2.1 million households applied for the COVID Emergency Family Income (IFE) and the COVID Bonus during January 8th-18th. According to the government, a total of 2,108,859 applications had been received, leading the Metropolitan Region with 1,001,102 applications, followed by Biobío (280,562); La Araucanía (164,255); Los Lagos (159,428); Los Ríos (82,646) and Valparaíso (79,266).

NextEnergy Capital acquires 53.8 MW of solar in Chile and Portugal

NextEnergy Capital announced two deals for the purchase of a total of 53.8 MWp of solar capacity in Portugal and Chile. For its acquisition in Chile, the company acquired a portfolio of four projects from Spanish renewables developer Grenergy Renovables SL. These projects qualify to sell power under the country's framework for small-scale distributed generation (PMGD) plants, with commissioning due in the first half of 2021.

EdgeConneX announced 33rd data centre in Chile

EdgeConneX has announced the addition of its 33rd data centre market to its global Edge data centre portfolio. The EdgeConneX SCL01 Santiago facility provides 7MWs of data centre capacity. The company is planning to build SCL02 on its Santiago campus. Oracle plans to offer private access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect at the EdgeConneX data centre in Santiago, Chile.