Irish company to develop wind farms in Chile
Developing wind farms in Chile is to be the latest energy venture of Airtricity founder Eddie O'Connor. Mr O'Connor sold his Airtricity businesses in the US and Europe last year for €50 million and with a portion of the money set up a new company in February called Mainstream Renewable Power. Now, the relatively new company has signed into a €785 million joint venture deal with Chilean company Anders Energy to develop wind farms in the South American country. It is hoped that the wind farms created will generate enough power for around 217,000 homes, with a 35MW wind farm planned to be ready in two years in the Valparaiso region of Chile.
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