Colbun to Hold on to Hydro Project

Colbun does not have plans to sell any of its stake in the Hidroaysen hydropower project, it says. The Chilean power generator’s board has recommended holding off on an environmental impact study for a Hidroaysen’s transmission line, and it will evaluate ownership conversations – it currently owns 49% – as the project develops. The 2,750 megawatt, 5-dam $3bn-plus project is a joint venture with Endesa, located near Coyhaique in the Andes.