November 18, 2019 |
Spain's Grenergy has obtained $71 million in financing for the 103 MW Quillagua photovoltaic solar power project in the Atacama Desert in northern Chile, according to source involved in the transaction.
The debt package involves a 17-year, $60m senior facility from the local lenders Banco Security, BancoEstado and Penta Vida, as well as a $11 million mezzanine loan from Sinia Renovables, a division of the Spain's Banco Sabadell, the source said.
PPU Legal said it advised Grenergy on the financin
Spanish renewable power company gets $71 mln from four lenders for the 103 MW Quillagua PV plant in the Atacama Desert