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Metlen Concludes $865 Million Sale of Renewable Projects in Chile

MT Newswires·12/23/2025 02:47:19
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02:47 AM EST, 12/23/2025 (MT Newswires) -- Metlen Energy & Metals (MYTIL.AT, MTLN.L) completed the sale of four solar projects and a co-located battery energy storage system in Chile. The Chilean portfolio, comprising 588-megawatt solar capacity projects and a 1,610-megawatt-hour battery energy storage system, was sold to Glenfarne Group's GAC RS Chile II unit for $865 million, according to a Tuesday filing. The industrial and energy company's transaction was signed in April.