BHP Group is exploring the potential sale of infrastructure assets in Chile, including a desalination plant and electricity transmission (power line) assets, according to people familiar with the matter. The company is reportedly looking to monetize non-core infrastructure as it concentrates capital on its core copper operations. Bloomberg reports that BHP is considering the transaction and extending its infrastructure monetization approach, though details such as the timing, valuation, and which buyers are in discussions were not provided in the available information.
Seeking Alpha, citing Bloomberg, adds that the potential size of the sale could be up to $2 billion. Neither source indicates whether BHP has made a formal decision to proceed, nor do they provide information about the specific facilities’ ownership structure, operating status, or any expected bidding process.
Overall, the reporting centers on BHP’s review of options for selling Chile-based desalination and power transmission infrastructure as part of a broader capital allocation strategy focused on copper.
