Energia Andina plans $50 million investment in Chile in 2013
Reported by PiensaGeotermia, the Spanish language sister publication of ThinkGeoEnergy, the CEO of Antofagasta Minerals, Diego Hernandez reports that Energia Andina, a JV owned 60% by Antofagasta and 40% by Australian Origin Energy, has invested $40 million this year and plans investments of up to $50 million for 2013.
The company sets high hope in its geothermal investment, despite the risks involved in exploration.
Source: PiensaGeotermia, Valor Futuro