Chile calls international investors to renewables meeting

Chile’s economic development agency invites international investors and developers to attend its second international renewable energy investment meeting November 14-16 in Santiago.

Based on the success of its 2006 meeting (HNN 10/10/06), Corporacion de Fomento de la Produccion (CORFO) expanded the program of its 2007 meeting to include promoters of Clean Development Mechanism (CDM) and carbon emission reduction (CER) projects.

The second International Renewable Energy and CDM Investment Meeting offers investors a portfolio of at least 50 renewable energy projects to discuss financing options. Project technologies include mini-hydropower, biogas, geothermal, and wind energy projects. Investors will have the opportunity to meet promoters of up to five Chilean renewable energy or CDM projects.

With a responsibility to foster development of renewable energy, CORFO offers development incentives such as feasibility funding, investment match-making, soft loans, and an equity fund to leverage creation of renewables investment funds based on three parts CORFO funding and one part private funding. Additionally, the Chilean government has set a target to supply 15 percent of additional demand from non-conventional renewable sources up to 2010.

Registration is free, but attendance spots are limited. For information, contact Javier Garcia, Energy and CDM Investment Official, Investment and Development Division, Corporacion de Fomento de la Produccion (CORFO), E-mail: renewable@corfo.cl; Internet: www.corfo.cl/renewables.

Registration can be done on the Internet at www3.corfo.cl/renovables/OpenFormularioEvento/asp/pagDefault.asp?argInstanciaId=45.

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