InvestChile Blog

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Norway’s Statkraft expands in Chile through Solarcentury acquisition

InvestChile - November,3,2020

The electricity company’s acquisition of London-based Solarcentury significantly expands its presence in the Chilean renewable energy market.

Topics: Renewables

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Vivo enters the Chilean market

InvestChile - October,28,2020

The Chinese company is in the process of expanding in Latin America and Chile will be its second market in the region. Chile’s high rate of mobile phone use and its future 5G network explain the technology giant’s decision to establish operations there.

Topics: Global services- Chinese investment- Telecoms

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Government presents green hydrogen diplomacy to attract FDI

InvestChile - October,22,2020

Through openness to foreign investment, the initiative seeks to transform Chile into a global center for green hydrogen research, development, production and export.

Topics: Green Hydrogen

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Mainstream obtains US$280 million to invest in renewables in Chile

InvestChile - October,20,2020

The initiative forms part of Andes Renovables, a wind and solar generation platform worth approximately US$1,800 million.

Topics: Energy

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Mercado Libre inaugurates distribution center in Chile

InvestChile - October,15,2020

The center envisages an investment of US$100 million over two years and expects to create 5,000 jobs directly and indirectly

Topics: Global services- e-commerce- Argentine investment

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Enel Green Power announces first green hydrogen project in Chile

InvestChile - October,13,2020

The project, in which state oil company ENAP, Siemens Energy and Porsche are also expected to participate as partners, consists of a wind turbine that powers an electrolyzer to separate the oxygen and hydrogen molecules contained in water, a process that does not emit CO2.

Topics: Green Hydrogen

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Chile mulls financial aid for green hydrogen projects

InvestChile - October,6,2020

Chile’s government is considering ways to boost the attractiveness of green-hydrogen projects as the biggest copper-producing nation strives to become carbon neutral.

Topics: Green Hydrogen

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A map of Chinese investment in Chile

Alicia Zhu - October,5,2020

In recent years, Chinese investment in Chile has shown important growth. That raises an interesting question: what are the industries that are most attractive for Chinese companies to invest in Chile?

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New projects take mining investment in Chile by 2029 to US$74,000 mill

InvestChile - October,1,2020

The new survey identifies a total of 49 projects for the next decade which, together with adjustments to other initiatives, point to a total investment in the sector of US$74,047 million.

Topics: Mining

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Norway’s Statkraft aims to increase electricity production in Chile

InvestChile - September,30,2020

The state power company has embarked on an active quest for projects in Chile, particularly wind and solar projects, in order to “gain scale”, says its general manager, María Teresa González.

Topics: Energy

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Huawei announces installation of second data center in Chile

InvestChile - September,28,2020

The data center will be located in the Santiago Metropolitan Region and will start operation at the end of this year.

Topics: Data Center

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Chile takes first place in Latam in sustainable development ranking

InvestChile - September,24,2020

“Although we still have a way to go, this report shows that we are on the right road,” said the Minister of Environment on learning of the results of the study published by Cambridge University Press.

Topics: Ranking- Chilean Economy

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Chile seeks to fast-track mining projects worth over US$17,000 million

InvestChile - September,16,2020

The Mining Ministry has begun trial implementation of a plan to assist almost 20 initiatives from their early stages through to their start of operation.

Topics: Mining

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NotCo raises US$85 million to finance expansion plan and eyes the US

InvestChile - September,10,2020

Amazon’s Jeff Bezos and Biz Stone, co-founder of Twitter, invested in the round of financing that the firm will also use to expand its range of products.

Topics: Foreign Investment- Food Industry- Foodtech

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France’s TerraNIS establishes a subsidiary in Chile

InvestChile - September,2,2020

The company uses geospatial data to provide services related to agriculture and the environment.

Topics: Food Industry- AgTech- French investment

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Chile seeks to turn solar boom into green hydrogen bonanza

InvestChile - September,1,2020

“Chile could export $ 30 billion in green hydrogen by 2050,” said Juan Carlos Jobet, the country’s energy minister. “This is the amount of copper that we export today.”

Topics: Renewables

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AES Gener files permit for million-dollar project in northern Chile

InvestChile - August,28,2020

The Parque Terra Energía Renovable project would be located in the Taltal municipal district of the Antofagasta Region and would represent an investment of US$ 750 million. 

Topics: Renewables

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Mercado Libre and its formula for triumphing in the pandemic

InvestChile - August,26,2020

The company is growing at rates of 300% in Chile and plans to invest US$100 million in the next two years.

Topics: Global services

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Spain’s Opdenergy to enter electricity generation business in Chile

InvestChile - August,24,2020

The company has obtained financing of over US$100 million for non-conventional renewable energy projects in the O’Higgins and Atacama Regions.

Topics: Energy

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Coca-Cola Chile consolidates entry into alcoholic beverages business

InvestChile - August,21,2020

The five-year contract will come into operation within the next three months.

Topics: Food Industry

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