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JUNE 3, 2015
Chile's environmental authorities have approved a 201.3-MW wind project proposed by local firm Consorcio Eolico San Gabriel SpA in the La Araucania region. The project, worth USD 300 million (EUR 270.1m), comprises 61 wind turbines of 3.3 MW planned for installation in the Renaico municipality.
DECEMBER 5, 2014
Italy's Enel Green Power started up the 99MW Taltal wind farm in Chile. The US$190mn park will generate approximately 300GWh/y, the company said in a release.
DECEMBER 5, 2014
Chile raised $2 billion via a double bond placement on Wednesday, which Finance Minister Alberto Arenas said was the country's biggest sovereign issue since it returned to democracy and international debt markets in 1990.
DECEMBER 5, 2014
Chile’s Minister of Interior Rodrigo Peñailillo announced Thursday that university education will be free by 2016. “In March 2016 we will start with the free higher education, now that we have the resources [to implement the reform], as we approved the fiscal reform,” said Peñailillo.
NOVEMBER 15, 2014
A FEW YEARS ago some Chinese oenologists with almost no Spanish arrived in one of Chile’s most prestigious wine regions, the Colchagua Valley, to buy a vineyard. They were from Cofco, a big state-owned Chinese food and drink manufacturer whose Great Wall wines are quaffed by the country’s aspirant middle classes.
NOVEMBER 14, 2014
Commodity group Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American, industry and banking sources said this week.
OCTOBER 29, 2014
These are rough times for carbon taxes, aimed at mitigating climate change. Australia recently repealed its carbon tax. South Korea delayed a carbon-based tax on vehicle emissions. South Africa put off a planned carbon tax until 2016. And yet, for environmentalists, a sliver of hope exists in the shape of Chile, one of Latin America’s fastest-growing economies, which last month approved the first carbon tax in South America. The measure, due to take effect in 2018, was part of a broad overhaul of the tax system.
SEPTEMBER 24, 2013
CARLOS HONORATO Director of Pro Chile Chilean Government Trade and Investment Office
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