[6] Following Abengoa financial woes, construction halted in January 2016, after about 1,500 workers were fired from the project, leaving only maintenance personnel on site.

Among the financing funders are Natixis, Deutsche Bank, Société Générale, ABN AMRO, Banco Santander, Commerzbank and BTG Pactual.

When finished, Cerro Dominador will be the largest CSP power plant with storage in Latin America.

This technology uses a series of mirrors (heliostats) that track the sun on two axes, concentrating the solar radiation on a receiver on the upper part of the tower, where the heat is transferred to molten salts.

With 252 metres in height, the main tower is the second tallest man-made structure in Chile after Gran Torre Costanera.

A Power purchase agreement was signed with Empresas Copec in December 2019, running 5 years from July 2020.

The construction, operation and maintenance of the plant will also act as a catalyst for regional socio-economic development, creating a large number of direct and indirect jobs in construction, development, commissioning and plant operation as well as a network of services that will promote economic growth in the region.