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Coeva De Magellan Gives Green Light to Hif Chile Project for $830 Million

Summary by La Tercera
The project “Cape Negro neutral carbon fuel plant” of HIF Chile was approved on Wednesday by the Environmental Assessment Commission (Coeva) of Magallanes. The initiative, which received approval from its Environmental Impact Study (EIA), reaches an investment of US$830 million and will build a chemical e-Combustibles plant in the municipality of Punta Arenas. The biministro de Economía y Energía, Álvaro García, referred to the approval of the p…

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The project “Cape Negro neutral carbon fuel plant” of HIF Chile was approved on Wednesday by the Environmental Assessment Commission (Coeva) of Magallanes. The initiative, which received approval from its Environmental Impact Study (EIA), reaches an investment of US$830 million and will build a chemical e-Combustibles plant in the municipality of Punta Arenas. The biministro de Economía y Energía, Álvaro García, referred to the approval of the p…

·Chile
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La Tercera broke the news in Chile on Wednesday, October 29, 2025.
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