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 emmissions by 478 000 tons annually.
Also in 2005 Aboitiz Power becomes SN Power’s partner in the Philippines.