Grenergy Secures US$457 Million for Chile Solar
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7 Articles
The funding obtained by the Spanish company is for the fifth phase of Oasis de Atacama and for the Palmas cluster.
The funding, the largest resourceless so far obtained by the Spanish company, corresponds to the fifth phase of Oasis de Atacama, Algarrobal, and the cluster Palmas, composed of 21 distributed generation solar projects, six of which will incorporate batteries.
This is the company’s largest financing operation to date, coordinated and assured by BNP Paribas with the participation of BBVA, J.P. Morgan Chase Bank, MUFG Bank, Santander and The Bank of Nova Scotia. Grenergy’s entry closes funding for $457 million for solar and storage projects in Chile was first published in Revista Electricidad.
Forbes España
Grenergy has closed the financing of 446 megawatts (MW) and 1.8 gigawatt hours (GWh) for the fifth phase of Oasis de Atacama (Chile) for 457 million dollars (407 million euros), as indicated in a statement this Friday. Specifically, Spanish energy has signed an unresourced ‘senior’ financing with BNP Paribas [...] The entry Grenergy closes financing for the fifth phase of Oasis de Atacama (Chile) for 407 million appears first in Forbes Spain.
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