Repsol Launches Chile’s Largest Wind Farm

Repsol has commenced electricity production at Antofagasta Phase 1, the company's biggest wind power project to date and one of the largest wind farms in Chile. The facility is situated in the Taltal municipality of the Antofagasta region and has an overall installed capacity of 364 megawatts (MW) and marks an important milestone for the company's renewable energy aspirations.

Substantial Investment and Energy Output

Developed with nearly €400 million investment, Antofagasta Phase 1 is the first fully Repsol-developed renewable project in Chile. Having taken 19 months to build, it is currently delivering electricity and will be in full commercial operation within weeks. The wind farm will produce 750 gigawatt-hours (GWh) of electricity every year, sufficient to power about 220,000 Chilean homes.

Repsol has also announced plans for a second stage of its Antofagasta project, which will bring an estimated 450 MW to the company's renewable portfolio. Completed, the expansion will greatly boost the company's presence in Chile's renewable energy sector.

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Deepening Roots in Chile’s Renewable Sector

While Repsol initially entered the Chilean energy sector through its joint venture with Ibereólica Renovables, operating the Cabo Leones III (188 MW) and Atacama (166 MW) wind farms, the Antofagasta wind park marks a shift to wholly-owned assets in the region. Both Phase 1 and the upcoming Phase 2 are fully owned and operated by Repsol.

Global Renewable Strategy

Repsol's conversion to a low-carbon energy model is dominated by renewable energy. The firm has almost 4,000 MW of capacity from renewable sources in operation around the globe and has a project pipeline of over 60,000 MW of capacity at various stages of development globally.