Return to news listing NEWS RELEASE - 21.08.18

Sale of El Arrayan Wind Farm


Today Antofagasta plc’s (the “Company”) subsidiary Antofagasta Minerals announced the sale of its 29.25% stake in Parque Eolico El Arrayan wind farm, a company that provides renewable energy to Los Pelambres, for $28 million.

Ivan Arriagada, the CEO of Antofagasta plc, commented: “This decision is consistent with the Group’s strategy of concentrating our investments and time in our mining operations and projects.

“Antofagasta has already sold other power assets, including Centinela´s transmission lines, its stake in Javiera photovoltaic plant and Alto Maipo hydro power station, all of which are deemed non-core assets”.

In 2017, 54% of Los Pelambres’ energy consumption came from Non-Conventional Renewable Energy (NCRE) sources, including Parque Eólico El Arrayán and two photovoltaic plants. The objective to increase renewable energy sources to Minera Los Pelambres and the other operations in the Group remains in place and is not impacted by the sale of Antofagasta´s stake in El Arrayán.

Further details of the sale can be found at


Investors – London
Andrew Lindsay
Telephone +44 20 7808 0983
Andres Vergara
Telephone +44 20 7808 0988

Media – London
Carole Cable
Telephone +44 20 7404 5959
Will Medvei
Telephone +44 20 7404 5959

Investors – Santiago
Francisco Veloso
Telephone +56 2 2798 7000

Media – Santiago
Pablo Orozco
Carolina Pica
Telephone: +56 2 2798 7000

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