“At BlackRock, as the world’s leading renewable investor, we are gaining a stable and reputable partner who will generate long-term sales for our services. This is an important strategic step in establishing cooperation with leading infrastructure investors, who are key to the further growth of the Solek Group, not only in Chile but also in other countries, “commented Zdeněk Sobotka, founder and CEO of the Solek energy group.
The agreement allows the Czech Solek Group to build up to 28 individual photovoltaic power plant projects in Chile with a total output of up to 200 MW. The company will also take care of their operation and ensure regular maintenance and fast professional service. All projects will be built and connected to the grid under Chile’s electricity distribution program, which is one of the pillars of the country’s strategy to become carbon neutral by 2050. BlackRock will take over most of the planned power plants by the end of next year.
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Solar power plant projects with a total installed capacity of 34.5 MW are already in the preparatory phase of construction. These include the Colchagua power plant (2.99 MW), located south of the capital Santiago, and other power plants such as Nancagua (7.26 MW), El Palqui (2.99 MW), Valparaiso (10.6 MW) ) and Itihue (10.6 MW), which will be located in areas with very good sunlight. These projects are intended primarily for regions that are characterized by high demand for electricity due to growing population and developed mining industry.
“We look forward to working closely with Solek’s experienced and active team in Chile,” says David Orellana, partner at Aediles Capital Inc.
“Large investors of this type can fully appreciate the long-term and stable return on energy investments. For us, it is also an expression of confidence in the long-term conceptual work of all Solek Group teams, ”concludes Zdeněk Sobotka.
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