El Manzano
Project name: Hidroelectrica El Manzano
Project details: Hidroeléctrica El Manzano S.A.
Investment in and development of hydroelectric projects and consultancy
Year of project: 2009
Location: La Araucanía region
Reach: National electricity market
Total jobs in Chile: IP
Country of origin: Chile
CORFO-InvestChile Program: Subsidy for co-financing of pre-investment studies in NCRE
Why Araucanía?"CORFO's support has been very valuable for our project, both at a regional and central level. The regional team showed great professionalism and continued interest in the success of our project. They helped to administer the various forms of support that exist, such as financing of pre-investment studies and those related with different government bodies.
At a central level, the most important thing has been the line of financing B-14 via the private banking sector for US$5 million. CORFO, at its different levels, has shown itself to be an institution whose real objective is to support the development of enterprises that create growth for the country."
Felipe Anguita G.
President
Hidroeléctrica El Manzano S.A.