May 16, 2025
ARAUCO places sustainable bond for US$ 500 million
The subsidiary issued US$ 500 million in bonds with a seven-year maturity and an annual rate of 6.18%. The transaction t...
Located at the subsidiary’s Concón Plant, it has an installed capacity of 118 KW and began its start-up at the end of December, connecting to the National Electric System under the Small Means of Distributed Generation (PMGD, for its acronym in Spanish) regulations.
The initiative will cover 25% of the site’s electricity consumption with photovoltaic solar energy and projects an overall reduction in emissions of 53 tons of CO2 per year.
This is Abastible’s first power generation asset under the management of the National Electric Coordinator, and is part of a pilot plan that the subsidiary plans to replicate in other sites, in line with the goal of moving forward in the sustainability of its processes.