AES Andes abandons $10 bln green hydrogen project in Chile

Reuters01-24

SANTIAGO, Jan 23 (Reuters) - AES Andes said on Friday it abandoned a $10 billion green hydrogen and ammonia project in Chile to prioritize its renewable energy portfolio.

The AES Corp unit, which generates and sells power in Chile, Colombia and Argentina, said in a statement the decision reflected its focus on expanding renewable energy and energy storage.

(Reporting by Fabian Cambero; editing by Cassandra Garrison)

((natalia.siniawski@thomsonreuters.com;))

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