The successful completion of the process will allow the addition of more than 3,000 MW of wind, solar and battery storage projects.

AES Andes was awarded five plots of land in northern Chile to further develop 100% renewable energy.

August 11, 2023

To further advance its renewable energy transformation, AES Andes won a public tender for the development of new 100% emission-free projects.

The tender was conducted by the Ministry of National Assets and consists of five plots of land located in northern Chile, specifically in the Tarapacá and Antofagasta regions. The award of these lands will allow the Company to develop more than 3,000 MW of wind, solar and BESS battery storage projects.

"We are very pleased with this award, as it allows us to continue contributing to Chile's energy transition process, thanks to renewable solutions that address the effects of climate change in a practical way," said Enrique de Ramón, Vice President of Business Development at AES Andes.

In addition, the executive highlighted that "this will allow us not only to add more renewable energy to the system, but also to accompany our current and potential customers in the decarbonization of their processes and to generate new jobs and talent."

 About AES Andes

AES Andes generates and sells energy in Chile, Colombia and Argentina. The Company operates 5,637 MW in South America together with a broad portfolio of renewable energy projects under development. The Company is one of the region's leading generators, with a diversified portfolio that includes hydroelectric, wind, solar, energy storage, biomass, natural gas and coal plants.

In Chile, AES Andes and its affiliates own and operate 3,865 MW, made up of 2,129 MW from thermal power, 771 MW from hydroelectric, 348 MW from wind, 429 MW from solar photovoltaic, 13 MW from biomass sources, and 174 MW of energy storage batteries, in addition to seawater desalination plants, and transmission lines.