Category: Export Credit

Hidroaysen submits plan for Patagonia’s hydroelectric project

(August 15, 2008) Electric Power Congolmerate Hopes to Dam Chile’s Pascua and Baker Rivers Multinational energy congolmerate HidroAysén submitted its environmental impact statement to the Chilean government Thursday morning, outlining its plans to dam the Baker and Pascua Rivers in Chile’s southern Patagonia region. The proposed project includes five massive hydroelectric dams that have come under fierce criticism from environmentalists around the world.

Doug Tompkins: Environmental evaluation system a "farce"

(February 4, 2008) HidroAysen, a joint entity formed by Spanish-Italian electricity giant Endesa and Colbun, a Chilean energy company, plans to build five massive hydroelectric dams along Region XI’s Baker and Pascua Rivers. The Baker River, Chile’s largest, is in fact just a few miles from Tompkins’ Estancia Chacabuco, a massive stretch of pristine steppe land that Tompkins would eventually like to donate to the Chilean government.