Glenfarne Completes Acquisition of Integrated Utility-Scale Solar and Battery Assets in Chile From METLEN [Yahoo! Finance]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
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Source: Yahoo! Finance
NEW YORK, December 23, 2025 BUSINESS WIRE )--A subsidiary of Glenfarne Group , LLC ("Glenfarne") today announced the completion of a previously announced acquisition of four energy projects in Chile with a combined 909 Megawatts ("MW") of installed capacity comprised of 588 MW of solar and associated battery energy storage system ("BESS") facilities with a capacity of 1.61 Gigawatt-hours ("GWh") (321 MW equivalent). Glenfarne acquired the assets from METLEN Energy & Metals ("METLEN"). The projects are located in Chile's northern provinces, which feature some of the highest levels of solar irradiance in the world. The projects feature fully operational solar infrastructure integrated with BESS assets METLEN will complete during the first half of 2026. The projects' geographic diversity and multiple interconnection nodes across Chile's Sistema Eléctrico Nacional (SEN) enable enhanced asset optimization and utilization. The transaction is valued at $865 million including the assumpt
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