WPD signs loans for Chilean wind farms

WPD signs loans for Chilean wind farms

Loans Project & Infrastructure Finance Debt Energy Renewable Wind Chile Europe

Germany's WPD has secured a 19-year, $443 million loan from CaixaBank and KfW to finance construction of three wind power projects in Chile, according to a source close to the deal. The Spanish financial institution and the German state-owned development bank underwrote the entire deal and did not bring in other lenders before signing the loan. They could look for other lenders to take part in the deal at a later date, but the long tenor could discourage many commercial banks from joining, the s

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