Mainstream settles loan terms

Mainstream settles loan terms

Loans Energy Renewable Chile Europe

Ireland's Mainstream Renewable Power has set the terms on a 20-year, $485m loan to fund construction of four renewable energy projects in Chile, LatinFinance has heard. Mainstream mandated eight lead arrangers to coordinate the loan last year:- CaixaBank- DNB- ING- KfW- MUFG- Natixis- SMBC- Société Générale The banks are now doing due diligence on the loan, but they expect to sign the papers in a few months, a source said. Mainstream will use the money to build three wind farms — the 76 MW Alena

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