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Engie Ditches Dirty Coal as Latin America Turns to Clean Power

  • Utility closes coal-fired plants to shift to renewable power
  • Region’s clean-energy investment growth dwarfs the world rate
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Photographer: Luke Sharrett/Bloomberg


As Latin America hones its focus on clean energy, international energy giants are leading the charge to get out of dirty fuels.

French behemoth Engie SA has announced it’s closing coal-fired power plants in Chile at the same time AES Corp. of the U.S. and Enel SpA of Italy have pledged to stop building them. The moves constitute the less-sexy side of the conversion to clean energy in the region, where investment grew more than 25 times faster than the global rate in 2017.