Barrick completes $50M wind farm in Chile

Barrick Gold Corporation announces the completion of the $50-million Punta Colorado Wind Farm, located in the town La Higuera in the Coquimbo Region of Chile. The project, consisting of 10 wind turbines that generate 20 megawatts of power, is enough to supply the need of 10,000 families. The farm has the capacity to expand to 18 turbines and generate 36 megawatts, which would raise the total investment in the project to $70 million. The power generated by the wind farm feeds into Chile’s Central Interconnected System power grid.