Enel to supply renewable power to Chilean fresh fruit trader Copefrut

Chilean electric utility Enel Generacion Chile SA (FRA:EPN) announced this week it has secured a contract with a corporate client to supply 100% renewable energy in Chile over four years. Under the terms of the contract, which is effective as of May 2021, the Chilean subsidiary of Enel will supply energy generated from wind, solar, geothermal and hydropower sources to the client's facilities in central Chile and the Maule region in particular.

Volkswagen, Daimler, BASF & Fairphone launch sustainable lithium initiative

Volkswagen, Daimler, BASF and Fairphone have initiated a partnership for sustainable lithium mining in Chile. The "Responsible Lithium Partnership" aims to promote the responsible use of natural resources, including lithium, in Chile's Salar de Atacama. The four initiators have commissioned the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to coordinate the partnership and set up a so-called multi-stakeholder platform comprising all relevant actors in the Salar watershed – from civil society groups, including indigenous communities, to government institutions and mining companies. According to Volkswagen, the “Responsible Lithium Partnership” started in spring 2021 and has a planned duration of two and a half years. 

LATAM Airlines seeks extension of deadline for restructuring plan

LATAM Airlines Group said that it had sought to extend the deadline to present its restructuring plan as part of the bankruptcy protection process initiated in 2020 until September. LATAM filed for bankruptcy protection in the United States in May of last year, hammered by the world travel crisis generated by COVID-19. A judge had previously ordered the company deliver its restructuring plan by the end of June, and the company has said it hopes to wrap up the process in 2021.

Statkraft secures environment approval for wind farm transmission lines in Chile

Statkraft announced that its substation and transmission line project to connect three wind farms in Chile received approval from the O’Higgins region’s environmental agency. Statkraft Chile said it would start construction of three wind power projects totalling 102 MW in the second half of 2021. The company acquired the wind portfolio from Spain’s Torsa Renovables SL. The portfolio consists of the 30-MW Cardonal, the 24.15-MW Manantiales and the 48.3-MW Cerrillos schemes, and is referred to as the Torsa project.