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SOLEK teams up with BlackRock for up to 200 MW solar plants in Chile

Published 19/11/2021, 15:34
© Reuters. FILE PHOTO: People are seen in front of a showroom that hosts BlackRock in Davos, Switzerland Januar 22, 2020.  REUTERS/Arnd Wiegmann
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(Corrects installed capacity in para 3 to 87.4 megawatts from 40)

PRAGUE (Reuters) -Czech energy firm SOLEK has teamed up with BlackRock (NYSE:BLK) investment group to cooperate on building solar plants in Chile with capacity of up to 200 megawatts, SOLEK said on Thursday.

© Reuters. FILE PHOTO: People are seen in front of a showroom that hosts BlackRock in Davos, Switzerland Januar 22, 2020.  REUTERS/Arnd Wiegmann

SOLEK will build up to 28 individual solar plants and connect them to grid via Chile's PMGD/PMG programme for distributed electricity production, in a deal between SOLEK Latam Holding and BlackRock's Global Renewable Power Fund III.

As of 2020, SOLEK, founded by Zdenek Sobotka in 2010, had 87.5 megawatts of installed capacity in its solar power plants, the company said.

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