Fitch sees Chilean utilities turning to green bonds

Fitch sees Chilean utilities turning to green bonds

Project & Infrastructure Finance Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Asset Management Funds Energy Electricity Renewable Solar Wind Gas Regulation Chile

Chile's electric utility companies could begin to issue more green bonds as the country moves to more renewable energy sources and investors pay more attention to environmental, social and governance (ESG) criteria, Fitch Ratings said in a report.AES Gener, the local division of the US power company AES, set the stage when it sold $450m in 60-year hybrid green notes in early October, raising money to pay for a $128m bond buyback and fund the $138m acquisition of the 110 MW Los Cururos wind farm,

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