A number of Chilean wineries have been drawn to invest in Argentina, including Viña Montes (Kaiken), Concha y Toro (TriVento) and Viña Santa Rita (Viña Dona Paula).
But up until now, no one has gone the other way, from Argentina to Chile. Leave it to José Ortega to make the first reverse commute. The energetic Spaniard, who owns Bodegas y Viñedos O. Fournier, told me he has just signed a four-year lease on a winery that used to be owned by Kendall Jackson in the Maule valley, along with a five-year purchase contract for a 60-year-old Merlot and Cabernet Sauvignon vineyard next to the winery. (In addition to his winery in Argentina, Ortega owns a Spanish winery under the same name.)
Ortega has always shot for the stars—his space-age-looking winery in the Uco Valley is quite the sight, and he names his wines after constellations. There's no fluff here though—Ortega is serious about quality—and he's invested his own finances into his projects.
I'm willing to bet he does a good job. He's a sorely needed new face in Chile, which has historically been dominated by a handful of wineries. (Some of which make terrific wines, but diversity in wineries has always been lacking in Chile.)
But for now, we'll have to wait and see...