METLEN Sells 165 MW Solar and 725 MWh BESS Tamarico II Hybrid Project in Atacama, Chile to Copec Flux
METLEN has signed an agreement with Copec Flux S.p.A. for the sale of the Tamarico II hybrid project in Chile's Atacama Region, comprising a 165 MW solar PV plant and a 725 MWh BESS (extendable to 925 MWh). The transaction is part of METLEN's Asset Rotation model and further strengthens the companies' three-year partnership in Chilean renewable energy.
Transaction date: · Source: metlen.com
Key facts
- Transaction date
- Technology
- Solar PV, Battery Storage (BESS)
- Capacity
- 165 MW
- Transaction price
- Not disclosed
- Buyer
- Copec Flux
- Seller
- METLEN
- Country
- Chile
- Region
- Atacama Region
- Location
- Atacama Region, Chile
- Continent
- South America
- Development status
- Operational
- PPA
- n.a.
Technology details
165 MW photovoltaic power station combined with a 725 MWh battery energy storage system (BESS), extendable to 925 MWh. Integrated hybrid energy project designed to enhance power system flexibility and renewable energy integration.
Additional information
Transaction is part of METLEN's Asset Rotation model of developing, building and operating renewable energy projects and monetising their value. The agreement further strengthens a partnership between METLEN and Copec Group that began three years ago. Both parties intend to expand their collaboration into new renewable energy and storage investments in Chile. Copec is one of Latin America's leading energy groups.
Source
Original announcement: https://www.metlen.com/news/company-news/metlen-and-copec-sign-agreement-for-the-sale-of-the-tamarico-ii-hybrid-project-in-chile/