Chile has green-lighted a $4.4-billion coal-fired plant in the northern part of the country that will boast an installed capacity of 2,354 MW when completed in 2016, making it the largest powerplant in South America. The Hacienda Castilla project is being developed by MPX Energia SA, a Chilean unit of Brazilian billionaire Eike Batista’s mining, energy and engineering group EBX. In February, the company was granted a license for the project by the Chilean environmental agency, overturning an earlier environmental ruling that had threatened to derail the effort. Hacienda Castilla will involve building six 350-MW power-generating units as well as
Despite a faltering international market, 2015 and the beginning of 2016 are proving to be strong years for U.S. contractors, with steady domestic growth and only moderate strain from workforce shortages.