Blue Elephant Energy acquires 44 MW solar project bundle in Chile

• German solar and wind farm driver Blue Elephant Energy AG stated today that it has tattooed the procurement of four solar projects with a combined capacity of 44 MW in Chile, improving its complete portfolio in the country to 161 MW.

The portfolio consists of 2 projects amounting to 20 MW that were gotten from Finnish investment firm Korkia and also MoonValley Capital and 2 other projects of a mixed 24 MW from neighborhood designer oEnergy Generacion Solar Distribuida SpA.

The four solar plants will certainly be found around Valparaíso, Metropolitana de Santiago, Libertador General Bernardo O'Higgins, Maule and also Biobio where the Hamburg-based operator currently has a portfolio of 117 MW.

The projects are in a ready-to-build stage and will be carried out by a joint venture with oEnergy. All 4 plants ought to browse the web by the end of this year.

"We see excellent possible in Chile to drive renewable resource projects sustaining the continent on its course to carbon nonpartisanship. With this project we can even more contribute to our overarching commitment in the direction of a greener future," claimed Blue Elephant Energy's primary financial investment police officer Tim Kallas.

Blue Elephant Energy as well as oEnergy have currently partnered on solar projects in Chile. At the beginning of 2021, both firms agreed to set up a joint venture to establish, develop and run 119.5 MWp of small-scale solar farms in the country.