Acciona, Falabella sign Chile renewable PPA

Monday, July 17, 2017

Acciona Energía signed an agreement to supply renewable energy to Chile's SACI Falabella, the largest retail chain in Latin America.

Acciona will "supply almost 100 centers of [Falabella] brands Sodimac, Falabella, Tottus and Open Plaza in Chile," the generator said Monday in a statement.

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Output will come from Acciona's fleet of wind and solar farms in the country.

Acciona Energía Chile CEO José Ignacio Escobar did not disclose how much energy the company will supply through the power-purchase agreement, but said the deal will avoid the emission of around 225,000 metric tons of CO2 per year. Neither was the value of the contract revealed.

Madrid-based Acciona already reserves 80MW of its 196MW El Romero solar PV plant to supply electricity to Google's Santiago data center through a long-term PPA signed late 2015. The data center is Google's only one in the southern hemisphere.

Escobar told BNamericas previously that Chile's state copper miner Codelco and national oil company Enap should take a more active and visible role in promoting renewable energy by signing PPAs of their own with generators.

Acciona also won contracts to supply electric utilities in Chile through public auctions conducted in 2014 and 2016.