Laberinto Solar Power Plant Investment Valuation
BRAVO Strategies II LLC (BRAVO), an investment vehicle managed by PIMCO, engaged Geosyntec to evaluate an investment proposition consisting of two adjacent photovoltaic (PV) electricity generating plants comprising 289 and 532 hectares. The project is located in the southern part of the Atacama Desert, near Antofagasta, Chile, which is some of the world’s prime solar real estate. The potential $315 million venture would involve a construction of a 146 MWp solar power plant for interconnection to the national electrical grid via the Grand North Interconnected System (SING), which accounts for roughly one quarter of the total Chilean power capacity.
