Construction Begins On $245M Chilean Wind Energy Project

Law360, New York (May 7, 2012, 10:11 PM EDT) -- Parque Eolico El Arrayan, a joint venture created to build Chile's largest wind power plant, on Monday said it has received $245 million in financing and has begun construction on the 115-megawatt project.

The joint venture partners — Texas-based power company AEI Energy, renewable energy specialist Pattern Energy Group LP and Chilean mining company Antofagasta Minerals SA — said the El Arrayan project, located 400 kilometers north of Santiago, would provide enough energy to power as many as 200,000 homes once completed.

"Chile's limited indigenous energy...
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