FRV gets Mexican solar funding

FRV gets Mexican solar funding

Loans Mexico Fixed Income Debt Project & Infrastructure Finance Energy Renewable

Fotowatio Renewable Ventures (FRV) has signed a $209m project financing package with Bancomext, ING and KfW, a source familiar with the transaction said. Proceeds will fund the construction of a 300 MW solar power plant in San Luis Potosi, Mexico. FRV won the contract to build the facility in September 2016, during the country's second long-term power auction. Sources declined to disclose further details of the debt financing. Clifford Chance provided counsel on New York law to the lenders a

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