Central El Campesino financing in flux

Central El Campesino financing in flux

Chile Loans Project & Infrastructure Finance

The fate of the Central El Campesino remains up in the air after Chile's Supreme Court pulled the environmental license for a liquefied natural gas (LNG) terminal that would supply the power plant."It's our understanding that the project is not going to move forward," said a banker involved in the financing. Credit Agricole led nine other banks in an eight-year $850m syndicated loan for the Central El Campesino plant and the Penco Lirquen LNG terminal in southern Chile. But the lenders

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