{"id":1713,"date":"2025-05-08T02:31:02","date_gmt":"2025-05-08T02:31:02","guid":{"rendered":"https:\/\/pineele.com\/metlen-announces-sale-of-chilean-renewable-energy-portfolio-to-glenfarne"},"modified":"2025-05-08T02:31:01","modified_gmt":"2025-05-08T02:31:01","slug":"metlen-announces-sale-of-chilean-renewable-energy-portfolio-to-glenfarne","status":"publish","type":"post","link":"https:\/\/pineele.com\/fi\/metlen-announces-sale-of-chilean-renewable-energy-portfolio-to-glenfarne","title":{"rendered":"METLEN Announces Sale of Chilean Renewable Energy Portfolio to Glenfarne"},"content":{"rendered":"<h5 data-start=\"20\" data-end=\"332\"><strong data-start=\"20\" data-end=\"49\">METLEN Energy &amp; Metals SA<\/strong> has entered into a significant deal with <strong data-start=\"91\" data-end=\"118\">Glenfarne Asset Company<\/strong> to sell a major portfolio of renewable energy assets in <strong data-start=\"175\" data-end=\"184\">Chile<\/strong>. The portfolio includes 588 MW of operational solar projects and 1,610 MWh of battery energy storage systems (BESS) currently under construction.<\/h5>\n<\/p>\n<p class=\"\" data-start=\"334\" data-end=\"639\">The sale, valued at approximately $815 million, marks a key move in <strong data-start=\"402\" data-end=\"412\">METLEN<\/strong>\u2019s ongoing strategy of asset rotation. The <a href=\"https:\/\/pineele.com\/fi\/china-builds-massive-100gw-solar-corridor-in-inner-mongolia\/\" target=\"_blank\" rel=\"noopener\">solar<\/a> and energy storage projects are strategically located within the <strong data-start=\"526\" data-end=\"554\">National Electric System<\/strong> of Chile, ensuring integration with the country&#8217;s growing renewable energy market.<\/p>\n<p class=\"\" data-start=\"641\" data-end=\"949\">The <strong data-start=\"645\" data-end=\"672\">Glenfarne Asset Company<\/strong> subsidiary acquiring the assets plans to build on the strong foundation of these projects, which are expected to play a pivotal role in <strong data-start=\"809\" data-end=\"818\">Chile<\/strong>\u2019s renewable energy goals. This move comes as part of <strong data-start=\"872\" data-end=\"885\">Glenfarne<\/strong>\u2019s push to expand its clean energy footprint in Latin America.<\/p>\n<p class=\"\" data-start=\"951\" data-end=\"1237\">For METLEN, the deal allows the company to focus its resources on new energy investments and expand its global portfolio of clean energy projects. The transaction follows METLEN&#8217;s strategy of rotating capital out of mature projects while reinvesting in emerging opportunities.<\/p>\n<p class=\"\" data-start=\"1239\" data-end=\"1394\">The projects are expected to be completed within the next 12 months, with a significant portion of the energy generated earmarked for the <strong data-start=\"1377\" data-end=\"1386\">Chile<\/strong> market.<\/p>\n<\/p>\n<p><em>Source: solarquarter.com<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>METLEN Energy &amp; Metals SA has entered into a significant deal with Glenfarne Asset Company to sell a<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-1713","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - 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