Contracted Energy Generation Companies
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 1,620,000,000
USD $ 180,000,000
Project scope and objective
On August 2, 2022, Law No. 21,472 (the "MPC Act"), which creates the Tariff Stabilization Fund (the "Fund") and establishes a New Transitional Electricity Price Stabilization Mechanism for Customers subject to Price Regulation, was published in the Official Gazette of the Republic of Chile. The MPC Act regulates the terms and conditions under which electricity tariffs are to be stabilized and paid in the future. The Fund is intended to pay the differences that may arise between invoicing by distribution companies ("DisCos") to end customers for the energy and power component, and the amount payable to generation companies ("GenCos") for the supply of electricity under the contractual conditions in force.
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