Repsol and Ibereólica advance in the construction of their first joint wind farm in Chile

Madrid
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Repsol and the Ibereólica Renovables group advance in the construction of their first joint wind farm in Chile, with 189 MW of power and called Cabo Leones III, with the shipment, from the port of Bilbao, of the main technological components of their wind turbines and the entry into commercial operation, since last December, of the first phase of this project.
The CEO of Repsol, Josu Jon Imaz, and the president of the Ibereólica Renovables group, Gregorio Álvarez, today led an act prior to the departure, from the port of Bilbao, of nacelles of the 22 SG 145 wind turbines, of 5 MW each one, which make up the second phase of the Cabo Leones III wind farm, which will have 110 MW of installed capacity. They are the most powerful and modern Siemens Gamesa wind turbines in operation today.
This wind farm is part of the project portfolio in Chile of the “joint venture” created last July between Repsol and the Ibereólica Renovables group, with a joint portfolio of assets in operation, construction or advanced development of more than 1,600 MW with a date of commercial exploitation in the period until 2023 and with the possibility of exceeding 2,600 MW in 2030.
The nacelles for this park, which will soon depart from the port of Bilbao to Chile, have been assembled at the Siemens Gamesa plant located in Ágreda (Soria), which employs about 200 people.
The economic activity of a wind project of these characteristics, even being in Chile, is very important for Spain, both in the engineering phases and in the production of the elements that make up the renewable installation and their handling and transport. Along the entire route, from the Ágreda plant to the installation at the Cabo Leones III wind farm, passing through the port of Bilbao, some 140 companies participate.
«Betting on the industry is betting on a fast and stable economic recovery. With projects like this, a wind farm in Chile that also generates economic activity in our country, we have established ourselves as a relevant actor in reducing emissions and as a company that contributes to the industrial development of the country ”, said the CEO of Repsol , Josu Jon Imaz.
The “joint venture” between Repsol and the Ibereólica Renovables group will allow the development, construction and commissioning in Chile, in the short term, in the period until 2023, in addition to Cabo Leones III, the Atacama and Antofagasta wind projects -with a total installed capacity, respectively, of 180 and 794 MW-; and the 540 MW photovoltaic Elena.