Pacific Hydro Chile
Chile is one of Latin America’s fastest growing and strongest economies.
Driven by a power-hungry mining sector, the Chilean market is rich with opportunities for renewable energy companies.
Chile’s annual GDP growth (real) averaged 5.4% per annum during the 25 years to 2013. Economic growth is expected to accelerate from 2015 and 2016, driven by government spending, consumption growth and an increase in global commodities demand.
Electricity demand in Chile has grown at 4.1% over the past ten years, with demand forecast to continue to grow at 4.2% per annum over the next 20 years.
Operating in Chile since 2002, Pacific Hydro has been playing an important role in helping to meet the country’s increasing demand for electricity, without increasing emissions, and contributing to its economic growth and to the sustainable development of the local communities.
Today, Pacific Hydro is one of Chile’s leading renewable energy companies, developing, delivering and operating run-of-river hydro power plants in the Cachapoal and Tinguiririca Valleys, in the country’s sixth region.
In addition to hydro power plants, Pacific Hydro has environmental approval to build our first wind farm in Chile, the Punta Sierra wind farm.