invest $290 million as the the majority stakehold-er — with a 60 percent share — in Aela Energía
and purchase projects that have been developed
by Mainstream Renewable Power. Mainstream
will continue to manage construction and support
operation and maintence of the projects.
The move represents Actis’ first investment in
Chile, but the company is active elsewhere in the
region. It’s an investor in Honduras’ Cerro de Hula,
the largest wind farm in Central America, and
manages Energuate, Guatemala’s national elec-
tricity distribution company. Mainstream’s own
renewables portfolio in Chile includes more than
3. 5 GW of wind and solar projects, about a fifth of
its overall global pipeline. The two companies have
worked together before. In 2012 Mainstream won
three government tenders in South Africa for 238
MW of wind and solar projects that are currently
in construction. Actis invested $100 million in the
projects, which are due to be operational in early
2014. “This platform is about meeting the needs of
offtakers, particularly large-scale industrial con-
sumers in Chile who need top quality projects and
competitive electricity prices,” stated Mainstream
CEO Eddie O’Connor. “The market is looking for
independent power producers with strong financial
backing, expert local knowledge, and experience
in delivering operational assets. This joint venture
very much ticks all of these boxes.
Unfortunately, Mother Nature has a Mean Streak.
Fortunately, you have Sika.
Face it, Mother Nature doesn’t always play nice with wind turbines. High winds, hail, lightning,
snow, ice, and even birds can damage blades, reducing their capacity to perform. When that
happens, you need fast, reliable repair products and services that can get your turbines
back on line. That’s why the world’s leading wind turbine producers consistently
turn to Sika. Our expertise and experience in the wind energy industry are second
to none with a full range of repair products that consistently meet the industry’s
toughest specifications. You can’t stop Mother Nature when she gets mean,
but fortunately you have Sika to get turbines turning again.
For more information, visit www.sikausa.com or call 248.577.0020.
©2013 Sika Corporation. All rights reserved.
For more information, enter 11 at REW.hotims.com
Sika Corporation 30800 Stephenson Highway, Madison Heights, MI 48071 Phone: 248.577.0020 www.sikausa.com