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Febrero

Abengoa selected to develop a transmission line in Chile

February 20, 2017

  • Transelec SA has awarded the consortium made up of Abengoa and Kipreos Ingenieros, the project of constructing a 500 kV line, as well as different works on two substations.
  • The project is worth approximately $93 million.

20 February, 2017 – Abengoa (MCE: ABG.B), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, in consortium with Kipreos Ingenieros, has been selected to develop a 500 kV high voltage new transmission line, in addition to a number of works to be undertaken on two electric substations in Chile. The contract is awarded by Transelec, the country’s main supplier of high voltage systems and is worth approximately $93 million.

The consortium will be responsible for the engineering, supply and construction of the project that will be undertaken in the Antofagasta region, in the north of the country and will start in September, 2017. The project consists of a number of works to be undertaken at two substations: Los Changos and Kimal, as well as the construction of a 140 km high voltage electric line that will connect the Kimal electric substation with the one at Los Changos. Works are expected to be completed by the end of 2019.

With this contract, Abengoa strengthens its position of leadership in Chile’s power transmission sector, a geography where the company has been present for over 30 years and where it has undertaken high voltage electric projects totaling more than 1,800 km of both 220 kV and 500 kV electric lines. 

About Abengoa

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water.

(www.abengoa.com)

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