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Santiago . A division of the Antofagasta Minerals group announced Thursday that it has agreed to sell its electricity transmission business to a subsidiary of the Spanish company Electrica Internacional, for a transaction valued at $ 117.2 million.
The transmission of Centinela's mining activity is part of the strategy that drives Antofagasta to focus its investments and its management in the development of mining activity.
"This decision is consistent with what the group has been doing for a few years, in which It has transferred badets that it had in water and energy, which allows us to focus our management on our activities", said Iván Arriagada, CEO of Antofagasta plc.
Previously, the mining group had detached from several energy badets, including its participation in the Javiera photovoltaic power plant and the hydroelectric power plant. Alto Maipo
The subsidiary of Red Eléctrica Internacional with three transmission lines, with a total extension of 265 kilometers, which feeds the Centinela mine.
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