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Fewer construction projects leads to collapse in developer payments to council

Property developers contributed significantly less than expected to city coffers in the past year, while council expenditure also slumped.

Fewer construction projects leads to collapse in developer payments to council

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Statkraft Chile Fills Los Lagos Reservoir, Eyes 2027 Start

Statkraft has filled the reservoir of its Los Lagos hydroelectric plant in southern Chile, signaling progress on a project long delayed by permitting issues.

  • Statkraft Chile completes reservoir filling for Los Lagos hydroelectric project in August 2026.
  • 52 MW run-of-river plant expected to start commercial operation in 2027.
  • Project faces permitting delays and concerns over indigenous rights impact.

More from Tuesday 25 August →