November 25, 2019 |
A consortium led by Japan's Marubeni is looking to get a long-term loan for $1 billion to finance construction of a desalination plant in northern Chile, said two sources close to the deal.
Marubeni, together with the local power company Transelec and the Italian-Argentine conglomerate Techint, won the contract earlier this month to build and operate the plant for the state-owned copper company Codelco.
Around 10 banks have been selected to participate in the deal, including lenders from Asia, N
Mizuho is leading at least nine other lenders in a long-term deal for $1 bln