In a significant move within the renewable energy sector, Enel S.p.A. and its listed subsidiary Enel Chile S.A. have successfully finalized the sale of their entire equity stakes in Arcadia Generación Solar S.A., a Chile-based company. This company boasts a portfolio that includes four operational PV plants, having a combined installed capacity of nearly 416 […]
Aramco, a global leader in integrated energy and chemicals, has finalized a deal to buy a 100% equity stake in Esmax Distribusción SpA from Southern Cross Group, a private equity firm focused on Latin America. The acquisition is pending regulatory approval and other customary conditions. Esmax is a prominent downstream fuels and lubricants retailer with […]
In a shocking turn of events, Captain Ivan Andaur, aged 56, pilot of the LATAM Airlines flight LA505 flying from Miami to Santiago, Chile, passed away mid-flight due to sudden illness, leading the plane to divert its route and land in Panama City. The incident occurred three hours post-takeoff on Monday, August 14. The aircraft, […]
Enel S.p.A and its subsidiary, Enel Chile S.A., have inked an agreement with global renewable energy producer, Sonnedix, for the sale of a portfolio of four operational photovoltaic (PV) plants in northern Chile. The plants, located in the Atacama and Antofagasta regions, have a total installed capacity of approximately 416MW. The deal is set at […]
Vortex Metals has announced its intent to acquire up to an 80% interest in the Illapel Copper Project in two stages, under a non-binding Letter of Intent (LOI) with SCM Ventana Minerals Group, a mining company based in Santiago, Chile. The two parties have agreed to a 90-day exclusivity period to work out the details […]
Enel Green Power Chile, a subsidiary of Enel Chile, has begun the commercial operations of its 382MW Campos del Sol solar power plant in Chile. The move follows the official authorization from the National Electricity Coordinator. The Campos del Sol photovoltaic power plant is situated 60km northeast of Copiapó, Atacama Region. The solar power plant […]
Britt Café & Bakery, a Costa Rican brand, has opened a gourmet cafeteria in Chile, which is located in the Santiago de Chile airport’s new international terminal. The Costa Rican cafeteria, which operates under a franchise model, said that an investment of $1.5 million was made in the Britt Café & Bakery cafeteria in the […]
Alkem Laboratories Limited, an Indian pharma company, said that Instituto de Salud Pública de Chile (ISP Chile), the Chilean Public Health Institute, had carried out an inspection at its manufacturing facility in Daman, India from 28 March to 1 April 2022. Following the inspection, ISP Chile did not detect any observations critical to good manufacturing […]
The Kraft Heinz Company has created a joint venture (JV) with Chilean food tech start-up TheNotCompany (NotCo) for accelerating artificial intelligence (AI) driven plant-based innovation around the world. Dubbed as The Kraft Heinz Not Company, the joint venture will operate under the control of Kraft Heinz. It will utilize the inherent strengths of the two […]
Lithium Power International (LPI) has revealed its plan to demerge its Western Australian (WA) hard rock lithium assets with an aim to create a dedicated, Western Australia-focused lithium exploration company. The demerger will involve six hard rock lithium exploration assets located in Greenbushes. The Australian lithium company said that the proposed demerger will allow it […]