Guide
PMGD in Chile: a technical guide for investors
What a PMGD is, how it is regulated and what technical due diligence reviews before buying or financing a small solar plant in Chile.
Independent technical services
Technical due diligence is the independent review a buyer, investor or lender commissions before acquiring or financing a solar plant. In Chile it covers permits and grid connection, build quality, the energy yield estimate, and the construction and O&M contracts, and it translates technical risks into price adjustments or closing conditions. Carlos Jofré delivers it in English or Spanish, from UF 90.
Key points
| Scope | Fee |
|---|---|
| Self-consumption plants up to 1 MW | from UF 90 |
| PMGD up to 9 MW | from UF 240 |
| Owner's engineer during construction | UF 60 per month |
Fees are indicative. UF is Chile's inflation-indexed unit of account (ISO 4217: CLF). «From» is the minimum for each scope; the final fee is set in a written proposal before work starts.
The work takes 3 to 6 weeks depending on the size of the asset. It is done remotely and on site.
Carlos Jofré is the founder and CEO of SolarPro Chile, a solar installation and O&M company. For proposal reviews, audits, due diligence and expert reports he acts as an independent advisor: he discloses that relationship in writing, does not recommend SolarPro within the engagement and does not take engagements on projects or disputes involving SolarPro.
FAQ
Yes. The report can be delivered in English and the closing meeting can be held by video call.
Always, before receiving any document about the asset.
Yes. The technical due diligence is coordinated with the legal and financial reviews, so that technical findings become contract clauses and price adjustments.
Carlos Jofré publishes his fees: from UF 90 for self-consumption plants up to 1 MW and from UF 240 for a PMGD up to 9 MW. International firms offering this service do not publish theirs.
Sources
Keep reading
Guide
What a PMGD is, how it is regulated and what technical due diligence reviews before buying or financing a small solar plant in Chile.
Independent technical services
Independent audit of solar plants in Chile: performance ratio, infrared thermography, I-V curves and a loss report ranked by financial impact.
Track record
Carlos Jofré is a Chilean solar engineer: co-founder of Ecoenergías (2011), founder of SolarPro (2017) and the mind behind 17 CORFO-funded R&D projects.
from UF 90. The first 15-minute call is free of charge.