On September 27, U.S. Ambassador to Chile Carol Perez, Chilean Ambassador the U.S. Alfonso Silva, and U.S. Under Secretary of the Treasury for International Affairs David Malpass signed a Memorandum of Understanding to foster cooperation with Chile on energy and infrastructure investment at the U.S. Department of the Treasury in Washington, DC.
U.S.-Chile energy cooperation focuses on three primary components: promoting financing through the U.S. Overseas Private Investment Corporation (OPIC), largely for solar projects; building technical capacity for sustainable unconventional gas sector development, renewable energy integration into Chile’s transmission system, and regional electrical interconnection between Chile and its neighbors; and facilitating close cooperation between principal actors in the public and private sectors. Building on our successful partnerships and shared values in areas ranging from international trade, to science and technology cooperation, to democracy promotion in the region, we look forward to enhancing our energy relationship with Chile to advance the interests of both of our countries.
At the close of her remarks, Ambassador Perez noted that the U.S. looks “forward to enhancing our energy relationship with Chile to advance the interests of both of our countries.”