U.S. awards $610,000 grant for Chilean wind project

04/17/2013 | BNAmericas.com

Chilean wind developer Eolica Tablaruca obtained a $610,000 grant from the U.S. Trade and Development Agency to fund the prefeasibility, environmental and transmission studies for a 260-megawatt wind facility. Tablaruca expects the approval of the $500-million wind project within 18 months, said Mauricio Zeman, the firm's CEO. The project's initial 100 MW phase is scheduled for completion in 2015 and would cost $200 million, Zeman added.

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