The company was valued at US$680 million, including debt. The process still has to go through the regulatory phases. “We look forward to the next stage of our successful journey,” said Romano Vercellino, founder of Verfrut, in reference to the firm’s future.

The European group decided to increase the capital of its local subsidiary, Eramet Chile. A month earlier, the company had agreed to acquire the Siete Salares project in Chile for the same amount.

The Los Durmientes project, a 244 MW photovoltaic solar farm with a storage option, which will be located in the municipality and Region of Antofagasta, submitted its DIA for processing. It will involve an investment of US$300 million.

New UNCTAD analysis shows global FDI trends defied earlier expectations but highlights that growth was driven by a few European “conduit” economies and raises concerns about the decline in international investment projects.

The reform involves processing authorizations for 37 types of services and involves 16 ministries. It aims to streamline processes, cut processing times and provide more certainty for investment.

The Humboldt project, born from the collaboration between the Chilean Government and the multinational Google, will span more than 14,000 kilometers and will enable the deployment of an underwater optical fiber.

State-owned mining company Codelco will have a majority stake in the new venture to exploit the largest lithium deposit in Chile until 2060. During the first period, SQM will be responsible for the operation.

The English publication analyzed the performance of the 35 OECD countries based on variables such as inflation, GDP, employment and stock market performance, ranking Chile seventh.

This pact strengthens commercial ties and reinforces shared values and fundamental principles, paving the way for a more prosperous and sustainable future for both parties.

The company opened three shops in the country this year and will expand to Talca and Puerto Montt next year. The firm’s local CEO says that they hope to become «the leading athletic wear brand» in Chile.

The company, which has been operating in the country for more than 20 years, announced its plans to add at least seven hotel assets to its portfolio in Chile, which would amount to more than 900 additional rooms.

This is the first financial move by the parent company, which has already led Tesla’s incursion into several markets. 

This will be in Valparaíso and required an investment of over US$ 100 million.

With 23 energy storage projects already approved, totaling an impressive 3,000 MW of capacity, Chile is at the forefront of innovation and efficiency in Latin America.

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects.

With a capacity of 1,090 kWp and comprised of 1,998 solar panels installed on 2,493 floats on a dam by Solarity, this initiative will supply approximately 40% of the electricity required by Verfrut's Quilamuta estate.

The South American country is the fifth regional market where Babbel will be setting up and launching live classes. 

The Chilean Senate unanimously endorsed a treaty that streamlines trade between both countries after 13 years of discussion.

A survey by Mercado Libre and GfK revealed that those between 25 and 34 years old and over 65 are most likely to report being heavy e-commerce users.

This Canadian company has invested US$ 72 million in a 50 MW battery bank in Atacama and plans to reach 1,000 MW of installed capacity over the short term.