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Recent News

$25.38/MWh bid sets new record low for 24/7 block mixing wind and solar at Chile Tender

November 17, 2017

The winning bid was offered by a solar project which will be coupled with wind projects to offer a 24/7 supply over a 20-year period. Dylan Rudney, CEO of Verano Capital, who originally designed and developed the solar project before partnering with the fund who eventually took the project to bid, expressed his satisfaction with

Small-scale solar heating up in Chile

August 4, 2017

The market for large-scale photovoltaic solar projects in Chile has largely cooled off, at least for the moment. A glut of installed PV capacity in the Atacama desert, combined with tepid projections for power demand growth, have created an ultra-competitive buyer’s market in which long-term PPAs – now considered the only viable option for financing

Verano Capital has Two New Solar Plants Under Construction

June 6, 2017

Verano Capital is pleased to announce that Homero and Santuario Solar plants are under construction near the city of Mostazal in Chile’s Sixth Region, and in Los Andes in the Fifth Region, respectively. The plants will have an installed capacity of 3.4MW each with an estimated investment of $3.8MM, each and will supply electricity to

Verano Capital Sponsors Another Make-A-Wish Event

May 24, 2017

After the great success of fulfilling Cristián’s dream last year, Verano Capital and Make-A-Wish Foundation of Chile decided to join forces for another event. This time it was for Nicholás, who lived the magic of the world of Harry Potter. Lymphoblastic leukemia doesn’t allow him to continue with his daily routine, but on Saturday April


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