Chile Sees Surge in Wind Power, Rattles Incumbents

  • AES Gener, Colbun, Engie missed out on power supply contracts
  • Chile auctioned 12,340 GWh of power supply beginning in 2021

Mainstream Renewable Power Ltd. and Empresa Nacional de Electricidad/Chile SA won more than two thirds of Chile’s largest ever electricity supply auction Wednesday, slashing prices in the process and rattling the shares of the other incumbent power suppliers.

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