pacific hydro chile

What pacific hydro chile does

Pacific Hydro Chile SpA is a privately held renewable energy generator operating in Chile since 2001-2002 and controlled by China's State Power Investment Corporation (SPIC). The company develops, builds, and operates a diversified portfolio of 100% renewable assets — run-of-river hydroelectric, wind, and solar PV — with co-located Battery Energy Storage Systems (BESS). Total operating capacity stands at 842 MW across projects including the Coya and Pangal hydro plants (I-REC certified), the 82 MW Punta Sierra wind farm with a 3 MW/6 MWh BESS pilot, and the recently commissioned 293 MWp Desierto de Atacama solar park with a 110 MW/220 MWh BESS complex in the Atacama Region. A development pipeline of +1,800 MW includes Solar Wing (183.95 MW) and Don Patricio (190.7 MWp + 200 MW BESS), the latter receiving environmental approval in February 2026.

The business operates as a wholesale B2B power producer. Pacific Hydro Chile monetizes generation through long-term Power Purchase Agreements (PPAs) — a 10-year, 375 GWh/year contract with Codelco for the El Teniente mining division is the publicly disclosed anchor — while also injecting into Chile's National Electrical System (SEN). A secondary revenue stream comes from certified carbon credits (Bonos de Carbono) tied to its cumulative 7 million tonnes of CO2 mitigation. Distribution is exclusively direct enterprise sales to large commercial and industrial customers (mining, heavy industry) and grid operators.

The company is headquartered in Santiago's Las Condes district, employs 101-250 people, and is structured as a Sociedad por Acciones (SpA). Its competitive positioning rests on regulatory approvals, capital-intensive project execution, and a 20-year Creciendo Juntos community program (330+ projects, US$1.6M invested). Notable governance events include the July 2026 CEO transition, with Hongbo Yan appointed interim CEO following the departure of Renzo Valentino Cardoza after 18+ years.

Name

pacific hydro chile

Legal name

Pacific Hydro Chile SpA

Website

https://pacifichydro.cl

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Pacific Hydro Chile is a private Chilean renewable energy generator (842 MW hydro/wind/solar+BESS) controlled by China's SPIC, supplying long-term PPAs to large commercial and industrial customers including mining major Codelco, and injecting power into Chile's National Electrical System.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI)

akta.pro secondary industries

Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ), Hydropower Operations, Maintenance & Refurbishment (R&M/Life Extension) (EUACAEAG), Hydropower Plant Development & Permitting (Greenfield/Brownfield) (EUACAEAE)

Keywords

• Renewable energy generation
• Utility-scale solar projects
• Wind power generation
• Hydroelectric power generation
• Battery energy storage

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Others

Revenue model

1. Energy Generation and PPA Sales: Pacific Hydro generates electricity from renewable sources (hydro, wind, solar) and sells it through long-term Power Purchase Agreements (PPAs) to commercial and industrial customers. Revenue is derived from energy supply contracts typically spanning 10 years, with volumes measured in GWh delivered.
2. Carbon Credits (Bonos de Carbono): The company generates and sells carbon credits from its renewable energy projects, contributing to its environmental impact metrics of over 7 million tonnes of CO2 mitigated.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Pacific Hydro Chile develops, builds, and operates 100% renewable energy generation projects — including run-of-river hydroelectric, wind, and solar photovoltaic plants with integrated Battery Energy Storage Systems (BESS) — and supplies the resulting clean electricity to contracted industrial and mining customers in Chile via Power Purchase Agreements (PPAs), while also monetizing carbon credits generated by its renewable assets.

Product overview

Pacific Hydro Chile is a 100% renewable energy generation company that develops, builds, and operates energy projects. The company operates a diversified portfolio of hydroelectric (pass-through), wind, and solar generation facilities with a total installed capacity of 842 MW. Key products include large-scale solar parks (Desierto de Atacama, Solar Wing, Don Patricio), wind farms (Punta Sierra), and hydroelectric plants (Coya, Pangal). The company also offers renewable energy supply contracts to clients and carbon credits. Community programs like the Creciendo Juntos fund complement their energy operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Parque Solar Desierto de Atacama Utility-scale solar photovoltaic generation facility with co-located Battery Energy Storage System (BESS) located in Tierra Amarilla, Atacama Region. Combines 293 MWp solar generation with 110 MW/220 MWh of battery storage for grid injection into Chile's National Electrical System.
• Parque Eólico Punta Sierra Wind power generation facility in the coastal zone of Ovalle, Coquimbo Region, with 82 MW capacity from 32 Goldwind turbines producing approximately 282 GWh/year, and an integrated 3 MW/6 MWh lithium BESS pilot.
• Solar Wing Solar photovoltaic park under construction in Tierra Amarilla commune, Atacama Region, with 183.95 MW net capacity from 291,984 photovoltaic modules and an associated energy storage component.
• Parque Solar Don Patricio Solar photovoltaic park project in Tiltil, Metropolitan Region, with 190.7 MWp capacity and a 200 MW Battery Energy Storage System, scheduled to connect to Chile's National Electrical System.
• Bonos de Carbono (Carbon Credits) Verified carbon credit certificates generated from Pacific Hydro Chile's renewable energy projects, sold to organizations and counterparties seeking emissions offsets tied to renewable generation.

Quantifiable outcome

• 842 MW of installed renewable capacity contributing to Chile's energy transition
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• PTI Energia Atacama de CorfomajorStrategic or Co-development Partner · 31 May 2024Pacific Hydro and PTI Energia Atacama developed a series of three training workshops for Los Loros communities on clean energy and sustainable practices, including solar drying systems, residential solar installations, and solar-powered irrigation.
• CodelcocoreStrategic or Co-development Partner · 20 May 2024Pacific Hydro and Codelco renegotiated a 10-year PPA for 375 GWh/year of 100% renewable energy supply to power Codelco's El Teniente mining division. The contract includes I-REC certified hydroelectric assets and a continuous supply improvement plan.
• Circulo ECOminorStrategic or Co-development PartnerPartnership with Circulo ECO, an Atacama-based circular economy organization, to support waste management and community recycling programs including installation of a clean collection point at Escuela Luis Uribe in Tierra Amarilla.
• Futbol MasminorStrategic or Co-development PartnerSports development partnership in Los Loros focused on community integration for children and adolescents, building self-esteem and life values through sports activities.
• Universidad de O'Higgins (UOH)minorStrategic or Co-development PartnerResearch partnership with Universidad de O'Higgins to finance undergraduate and graduate studies focused on local biodiversity in the Cachapoal and Rapel river basins, with academic supervision from UOH researchers.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Enel Chile: One of Chile's largest power generators and distributors with a significant renewable energy portfolio. Enel Chile directly competes with Pacific Hydro Chile in hydro, wind, and solar generation supplying PPAs to industrial customers and Chile's SEN.
• Engie Chile: A major renewable energy operator in Chile with a diversified generation portfolio across hydro, wind, and solar. Engie Chile sells renewable energy under long-term contracts to industrial and mining clients, mirroring Pacific Hydro Chile's B2B PPA model.
• AES Andes: Chilean subsidiary of AES Corporation operating a large renewable generation portfolio including wind and solar with significant BESS deployment. AES Andes is a direct competitor for industrial PPAs and SEN capacity additions in Chile.
• Colbún: Chilean power generator with a mix of hydro, thermal, and renewable assets that supplies electricity under long-term contracts to industrial customers. Colbün directly competes for the same mining and industrial renewable PPA market as Pacific Hydro Chile.
• Acciona Energía: Global renewable energy IPP with Chilean operations spanning wind and solar generation. Acciona Energía pursues similar large-scale utility and PPA-backed projects across Chile and shares Pacific Hydro's multi-technology renewable strategy.
• EDF Renewables Chile: Subsidiary of EDF Renewables developing wind and solar projects in Chile for utility and corporate offtakers. EDF Renewables Chile competes for project sites, grid connections, and PPA contracts with similar industrial customers.
• Atlas Renewable Energy: Latin American-focused renewable IPP that develops, builds, and operates solar and wind projects supplying corporate PPAs across Chile. Atlas Renewable Energy directly competes for industrial renewable offtake and project development opportunities.
• Sonnedix: Global renewable energy producer with operating solar PV assets in Chile supplying PPAs to commercial and industrial customers. Sonnedix's Chilean portfolio and PPA-led business model are directly comparable to Pacific Hydro Chile's solar activities.

Broad incumbents

• Iberdrola Renovables Chile: Chilean operations of Iberdrola, one of the world's largest renewable energy groups. Iberdrola competes in Chile through wind and solar developments and corporate PPAs, leveraging the parent's global scale and capital.
• Statkraft Chile: Subsidiary of Europe's largest generator of renewable energy, operating hydro, wind, and solar assets in Chile. Statkraft Chile competes for grid-scale renewable PPA contracts and brings broader international resources and capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PacificHydroCL
• LinkedInlinkedin.com/company/pacific-hydro-chile
• Instagraminstagram.com/pacific_hydro

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about pacific hydro chile