Energy and Natural Resources
With this transaction, EDP Renewables, linked to Grupo Energías de Portugal and China Three Gorges, arrives to the Chilean market with a portfolio of 628 MW.
A two-year dispute ended after the Supreme Court dismissed two constitutional complaints filed by residents of the Ñuñoa district of Santiago. This marks the third victory on behalf of the project, in a legal battle fought before the Urban Authorities (Sermi Minvu), the Urban Development Directorate and the Courts of Justice.
The fund of approximately USD 70 MM will develop 8 residential rental buildings with a total of more than 2,000 apartments.
After more than five years of litigation in civil headquarters and the Court of Appeals, the State Defense Council in session of October 27 agreed to accept the proposal for a judicial settlement formulated by Southern Copper Corporation.
Francisco Varela Echaurren
Fernanda Contreras Oróstica
Rafael Reyes Errázuriz