The Chilean energy sector will undergo a revolutionary change in 2017, as the two major grids, the Sistema Interconectado del Norte Grande in the north, and the Sistema Interconectado Central, which covers the center and south of the country, will become interconnected. In “Pioneering Financing Supports SIC-SING Interconnection,” originally published in Project Finance International, Shearman & Sterling partner Cynthia Urda Kassis, and associate Robert O’Leary and international associate Ignacio Valenzuela Nieto (all New York-Project Development & Finance) discuss the financing of the Transmisora Eléctrica del Norte S.A. (TEN) project, a double circuit, 500kV, 600km-long transmission line and associated substations extending from Mejillones to Copiapó in Chile.

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