EDF Renewables has been granted approval for financing a 60MW extension of the Cabo Leone 1 wind farm in Chile. The energy firm along with its Spanish partner Ibereólica Renovables obtained approval for financing the project’s extension.
In addition, EDF Renewables has won a 40-year land concession with a 300MW of wind capacity potential, media reports said. EDF Renewables Chile director Jean-Christophe Puech, told the media, “We are proud to reinforce our expansion in Chile through these two new wind projects. EDF Renewables is thus demonstrating its commitment to supporting Chile’s energy transition to a decarbonised model.”
The work for the project’ extension is expected to be completed by the end of next year, media reports said. Cabo Leones 1 is located in Chile’s Atacama region. EDF Renewables and Ibereólica Renovables plan to additionally include 12 turbines leading up to a total capacity of 175.5MW.
The project will also contribute to Chile’s efforts to achieve its 100 percent renewable energy target by 2040 and to be carbon neutral by 2050. Currently, EDF Renewables operates gross clean power capacity of 375MW in the country, along with Cabo Leones 1 comprising 146MW Bolero and 115MW Santiago solar farms, media reports said.