AES Andes advances with 1.3 GW, consolidating Chile as a renewable investment hub

AES Andes' advance of 1.3 GW in new generation projects signals the resumption of a large-scale investment cycle in the Southern Cone. With operations concentrated in Chile and a presence in Colombia and Argentina, the company is expanding its portfolio at a moment when the region seeks to reconcile supply expansion with decarbonization targets. The move reinforces Chile's role as a priority destination for renewable energy capital in Latin America. According to sector sources, the scale of the program reflects investor confidence in Chile's regulatory stability and in the competitiveness of its solar and wind resources. For ALAGER, operations of this size confirm the consolidation of multi-country platforms capable of attracting long-term financing, a central element for accelerating the region's energy transition.