WPD seeks project finance in Chile

WPD seeks project finance in Chile

Loans Project & Infrastructure Finance Energy Renewable Wind Chile

Germany's WPD wants to get $500m in loans to fund the construction of three wind farms in Chile, LatinFinance has heard. A few banks have sent their offers, but the renewable energy company plans to receive another round of proposals this week, said a source close to the deal. Discussions are still in the early stages, but WPD is leaning towards a mini-perm or a long-term loan, the source said. The company will use the money to build the 237 MW Malleco, 39 MW Negrete and 58.8 MW Lomas de Duqueco

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