Category: News

A respite for Patagonia

(July 4, 2012) Chile’s HidroAysén mega-dam scheme is suddenly on hold as one of the owners of the controversial dam scheme suspends its support for the risky project.

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Clear water, big fish

(December 12, 2009) Twenty-three hundred kilometres of transmission lines, to be built by Transelec Chile SA (investors include the CPP Investment Board, the British Columbia Investment Management Corp. and Toronto conglomerate Brookfield Asset Management Inc.), would require the world’s longest clear-cut up through the heart of Patagonia’s untouched temperate forests.

Canadians funding destruction of Patagonia forests

(December 9, 2009) A recent article in Pique highlights concerns about the involvement of the Canadian-owned company Transelec in a hydro electric project in Chile’s Patagonia region. The project, which plans to build five dams and 2,300 km of transmission lines with a parallel highway that would pass through 14 legally protected natural areas, has been criticized by environmentalists in the country and around the world, as well as business leaders.

Canada pension fund urged to abandon Chilean transmission scheme Eco groups call it harmful and unnecessary

(June 21, 2009) Probe International is calling on the Canada Pension Plan (CPP) Investment Board to halt its investment in a controversial hydro transmission project in Chile’s Patagonia region. The CPP is currently listed as an investor in a 1,500-mile (2,400 kilometres) transmission project designed to handle power from five proposed hydroelectric dams in the Chilean Patagonia.