Eton Park Invests in HydroChile

Investment shop Eton Park says it will invest $200m of equity in hydroelectric energy company HydroChile to take an 83% stake, the company says. Eton says its investment will help the Chilean company develop at least 200MW of run-of-river capacity in the 6th, 7th and 8th regions of Chile. HydroChile was founded in 2007 and develops run-of-river hydroelectric power projects with capacities ranging between 10MW to 50MW. Eton Park, which also holds a 28% stake in Brazilian renewable energy company ERSA, manages about $13bn and has offices in New York, London and Hong Kong. It invests in infrastructure assets in emerging markets with a focus on LatAm.