METLEN Energy & Metals S.A. and a wholly owned subsidiary of Glenfarne Asset Company, LLC have entered into an agreement to acquire a portfolio of Solar and Battery Energy Storage System assets in Chile.
The transaction involves operational solar projects with total capacity of 588 MW, combined with co-located BESS facilities with storage capacity of 1,610 MWh. Construction for the BESS facilities is ongoing and expected to be completed within a year.
METLEN Energy & Metals is a multinational industrial and energy company, listed on the Athens Stock Exchange, with a consolidated turnover and EBITDA of EUR 5.68 billion and EUR 1.08 billion, respectively. The Company is active in the markets of all five continents, in 40 countries.
