The 34.4MW project, located 70km south east of Concepción, is over 60% complete, and will feed into the Central Interconnected Grid beginning in May 2012. The project is thought to be the first run-of-river scheme in Chile.
This is the first loan that has been signed in Chile since the entry into effect of the Framework Agreement signed in March 2010. This laid the foundations for EIB operations in Chile. This EIB loan comes under the "Facility for Energy Sustainability and Security of Supply".
