SUSI Partners, a key player in the global energy transition, is stepping up its activities in Chile by financing 22 battery energy storage projects.
This investment is part of the SUSI Energy Transition Fund (SETF) and marks an important step in the company’s expansion in the Chilean market.
The agreement, signed with local developer BIWO Renovables, provides for the construction of storage systems with a combined capacity of 860 MW, with a storage capacity of up to 3.5 GWh.
These facilities are scheduled to enter the construction phase in the first half of 2025.
The Chilean context, marked by high penetration of intermittent renewable energies, makes the development of energy storage capacity crucial.
By securing strategic locations for these facilities, BIWO Renovables ensures optimal support for the national power grid, which is facing the challenges of the growing integration of solar and wind power.
The partnership between SUSI Partners and BIWO will accelerate the implementation of these projects, while meeting recent regulatory requirements that emphasize the need for storage solutions to stabilize the grid.
Portfolio optimization and strategic diversification
The SUSI Energy Transition Fund is distinguished by its diversified approach, covering various segments of the energy transition.
The integration of battery energy storage projects in Chile is part of a global strategy that also encompasses clean energy production, energy efficiency and infrastructure for electric mobility.
This diversification enables SUSI Partners to maximize opportunities in dynamic markets, while mitigating the risks associated with changing regulations and technologies.
The collaboration between SUSI and BIWO is not limited to energy storage.
It also includes distributed generation projects under the PMGD (Pequeños Medios de Generación Distribuida) scheme, and hybrid power plants combining solar photovoltaic energy and storage.
The addition of these new projects to the existing portfolio testifies to both partners’ ability to identify and exploit unique opportunities in a rapidly changing energy market.
SUSI Partners, thanks to its rigorous management and in-depth knowledge of local markets, continues to expand its influence in the global energy sector.
The choice of Chile for this strategic expansion is explained by the country’s high potential for renewable energies and the growing need for storage solutions to support the energy transition.
