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As part of Antofagasta Minerals strategy to focus its investments and management in the development of mining activity, Minera Centinela announced today the disposal of its company Centinela Transmisión at Red Eléctrica Chile, a subsidiary of Red Eléctrica Internacional. This decision is in line with what the Group has been doing in recent years, in which it has transferred its badets into water and energy. "Our management is about producing copper safely and profitably while taking advantage of our development opportunities," said Iván Arriagada, CEO of Antofagasta plc, parent company of the mining group.
Recall that Antofagasta Minerals had already sold several badets in the energy sector, including its participation in the Javiera photovoltaic power station and in the Alto Maipo hydroelectric plant. [1] 9659002] Sentry Transmission consists of 3 transmission lines, with a total extension of 265 kilometers, which feed this mining operation. As reported, the transportation subsidiary was created in November 2016 to facilitate its sale.
For its part, Red Eléctrica Chile owns 50% of Transmisora Eléctrica del Norte (TEN), the interconnection between the Interconnected System of the Norte Grande (SING) and the Central Interconnected System (SIC), as well as 70% of Red Eléctrica de Norte (Redenor) located in the area of Pozo Almonte. In addition, this Spanish group has properties in the electrical network of southern Peru
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