WPD finds lenders for Chilean wind farms

WPD finds lenders for Chilean wind farms

Loans Project & Infrastructure Finance Debt Energy Renewable Wind Chile

WPD has picked German development bank KfW and Spanish lender La Caixa to lead a 20-year loan for roughly $500m to finance the construction of three wind power projects in Chile, a source close to the deal told LatinFinance. The two lenders are recruiting other banks to join the loan, the source added. WPD will use the money to build the 237 MW Malleco, 58.8 MW Lomas de Duqueco and 39 MW Negrete wind farms in southern Chile. The German renewable energy company won 20-year offtake agreements for

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