Sierra Gorda, which has an installed capacity of 112 MW, will generate more than 295 GWh each year once fully operational – equivalent to the annual power consumption needs of around 130,000 Chilean households – while avoiding the emission of over 140,000 tonnes of CO2.
Enel invested approximately 215 million US dollars in the construction of Sierra Gorda as part of the investments outlined in its current strategic plan. The project was financed through the Enel Group’s own resources and is supported by a long-term power purchase agreement (PPA). The energy generated by Sierra Gorda will be delivered to the transmission network of Chile’s northern region, SING (Sistema Interconectado del Norte Grande).
Through EGPC, Enel currently operates a portfolio of plants in Chile that have a combined installed capacity over 1.1 GW, of which 564 MW comes from wind power, 493 MW from PV solar and 92 MW from hydropower. The company is also building the 48 MW Cerro Pabellòn facility, which will be the first geothermal plant in South America.