A number of Latin American nations are increasingly importing LNG as a baseload energy security option as they work to lower greenhouse gas emissions and hit net-zero targets.

“If you look at a country like Chile,” said Bryan Murphy, managing director of infrastructure outfit Glenfarne Energy Transition LLC (GET), “there has been no baseload thermal built in 10 years, and they are retiring their coal plants. So, firm capacity is disappearing from the system. There has to be a backup. That’s our model.”

GET is focused on high-growth emerging markets and energy solutions, renewable power and grid stability. GET’s existing assets include 12 grid stability power plants, 27 renewable assets and two liquefied natural gas export projects.

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