Transelec S.A. and SunPower announced that Transelec S.A. has acquired the switchyard that interconnects the 100MW El Pelicano solar project with the Integrated Central System (SIC) of Chile.
"SunPower foresees enhancing Chile's energy landscape with clean, reliable solar power," said SunPower CFO Chuck Boyton who attended an event commemorating the acquisition. "We're pleased that Transelec also sees the value in investing in solar."
"This purchase completes a process that we have been executing with SunPower, starting with engineering and operation of the Don Héctor Switchyard and culminating in this acquisition with an investment of US$ 17.9 million," said Transelec General Manager Andrés Kuhlmann. "It is important for Transelec to have an asset that will enable the transmission of renewable energy and also has substantial growth potential in a region that is at the forefront of solar energy generation in Chile."