Chile: powering economic growth

Pacific Hydro is ready to play a major role in delivering clean, secure energy supply to one of Latin America's fastest growing and strongest economies.

With an expanding economy and power-hungry mining sector, the Chilean market is rich with opportunities for clean energy developers.

Pacific Hydro is ideally positioned to take advantage of these favourable market conditions following our entry into the Chilean market in 2002 and the acquisition of the Coya and Pangal hydro plants in 2004. Since these acquisitions, our experienced team has identified opportunities to improve health and safety compliance and standards, reduce the operating costs and improve the output and economic returns of both projects.

Over the next five years, we plan to invest more than A$1.8 billion in new hydro power and wind farm projects in Chile, and produce up to one million carbon credits each year.

Our joint venture with Norwegian company SN Power currently has two significant run-of-river hydro projects under construction in the Tinguiririca Valley, located in the sixth region, 200 kilometres south of Santiago - the 155MW La Higuera project and the 158MW La Confluencia project. In addition to this partnership, Pacific Hydro is independently developing new projects, having secured the water rights for up to 600MW of run-of-river hydro power projects in the Cachapoal Valley, also located in the sixth region, just upstream of our existing operating projects at Coya and Pangal.

Our Aim

To be the leading generator
of run-of-river hydro power in Chile

850MW*

To have 850MW of operating clean energy projects in the next five years

A$1.8B

A$1.8 billion of capital investment in new projects in the next five years

1M

To generate 1 million carbon credits each year by 2013

* Includes 100 per cent of Joint Venture projects