The Environmental Evaluation Commission of Chile gave the green light to a $733 million, 640 MW Cuervo hydroelectric power plant unit in the country, according to Reuters.
The Cuervo unit is one of three generation units for the $3.6 billion, 1,000 MW Energia Austral hydroelectric plant owned by mining company Xstrata Copper and Australian energy retailer Origin Energy, the article said. Energia Austral plans to submit its 375 MW Blanco plant next for environmental approval.
All three units are expected to come online in 2020 or 2021.
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