SN Power enters into a partnership with Pacific Hydro in Chile, and later starts construction of the run-of-river power plant La Higuera, where SN Power owns 50 percent. The plant lies in the Tinguiririca Valley, about three hours drive south of Santiago.
La Higuera is officially opened in October 2010 by the Chilean President.
Repairs are now underway following a rockslide in a tunnel in 2011, and the new start-up will probably take place late in 2012.
The power plant will then supply the central Chilean power system with 155 MW/760 GWh. La Higuera has also been CDM-approved and will cut Chilean CO2 emissions by 478 000 tons annually.
Also in 2005 Aboitiz Power becomes SN Power’s partner in the Philippines.