Solar Power + Salt Storage Project in South America Back on Track
- Cerro Dominador had been gathering dust on the plains of Chile’s Atacama Desert for more than two years after former co-owner Abengoa SA got into financial difficulties. The company finally sold its stake to its partner, private equity firm EIG Global Energy Partners LLC, which in May secured the $758 million needed to finish the $1.1 billion plant.
"Cerro Dominador had been gathering dust on the plains of Chile’s Atacama Desert for more than two years after former co-owner Abengoa SA got into financial difficulties. The company finally sold its stake to its partner, private equity firm EIG Global Energy Partners LLC, which in May secured the $758 million needed to finish the $1.1 billion plant."
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