To fines of 2017, we placed and structured in the Public Investment Fund for US $ 23 million for the development, construction and operation of energy infrastructure projects in Chile.
As had been done in December 2016 with the Atlas Fund, ASSET structured a Fund in conjunction with Actis – a global private equity fund management company – with the objective of continuing to develop Actis’ expansion plan in Chile through of a platform regulated and administered by ASSET. The resources invested by Actis in the Fund are in turn invested in a Chilean operating company dedicated to realizing the investments in specific operational projects.
To date, the Phoenix Fund owns, through its subsidiary Phoenix Infrastructure Holdings, a solar power plant in the Atacama Region that is already in operation.
The Phoenix Fund started operations in December 2017 and expects to continue investing in projects under this format in Chile.