In an interview with Chile’s Estrategia daily, Hipólito Suárez, director of Latin American operations for the Spanish renewables firm Enhol, discussed the company’s ongoing plans to construct wind and hydro projects in Chile. Suárez claims that half of Enhol’s projects currently in construction will be finished next year, while the other half are set for completion by the end of 2012.
Enhol entered the Chilean market in 2006 and it’s most ambitious project was the development of the 500 MW Talinay wind park in Ovalle, Chile. Talinay, which will reportedly be the largest wind project in South America when it is finished, was approved by the Chilean environmental regulator in June 2009. However, in February Enhol’s subsidiary, Eolica Navarra, divested it’s 60% share in the project to the minority partner Empresas Phoenix. The head of Phoenix told El Mercurio in February that his company’s lack of experience with energy projects would not slow development and he expected the installation of the first 125 MW phase to be completed in 2011:
“Este megaproyecto se desarrollará por etapas (son cinco) y hoy estamos en condiciones de implementar la primera, que son 125 MW”, afirma el líder del grupo. Esta fase requerirá unos US$ 250 millones de inversión y en los próximos meses realizarán el ‘road show’ internacional para sumar a la firma que provea los aerogeneradores.
Despite withdrawing from the Talinay project, Enhol claims to be investing some US$ 400 million on two other wind facilities in IV and IX regions of Chile, and the company has mentioned the following hydro and wind projects in recent months:
Read the full Talinay environmental impact assessment here.