Stable Outlook for the Power Sector in Chile but Risks are Rising from Delays and Higher Oil Prices
Chile privatized its electricity sector in the 1980s and private capital owns all generation, transmission and distribution assets in the country. We are positive on the fundamentals for renewables, and negative on thermal power, leading to our stable outlook.
A stable political environment and a relatively attractive business will continue to make Chile a preferred destination for international investors in the power sector. The government is actively promoting the adoption of LNG and offering attractive terms for renewable energy projects.