Colombia fine tunes financing for renewables

Colombia fine tunes financing for renewables

Project & Infrastructure Finance Loans Economy & Policy Debt Colombia

Colombian development bank FDN could offer liquidity lines to renewable energy companies to cover financing shortfalls during 12-year power purchase agreements (PPAs), CEO Clemente del Valle told LatinFinance. "We are in conversations with potential developers and expect our first deal to close soon. One of the deals we were working on was postponed to June, so now we also have more time to perfect and fine tune them," del Valle said. FDN has provided peso-denominated loans for international ban

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