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TerraForm settles wind farm financing in Uruguay

TerraForm settles wind farm financing in Uruguay

April 22, 2019 | Toni Baini
Brookfield-backed yieldco agrees to terms for a $200m A/B loan through IDB Invest, sources say

Loans Project & Infrastructure Finance Debt Corporate & Sovereign Strategy Energy Renewable Wind Uruguay Canada

TerraForm Power, a renewable energy yieldco owned by Canada's Brookfield, has agreed to terms on a 17-year, $200m A/B loan through IDB Invest and expects to sign the deal next month, LatinFinance has heard. IDB Invest will use its own money and also allocate funds from the China Co-financing Fund for Latin America and the Caribbean for the A loan, while the state-owned lender Banco de la República Oriental del Uruguay (BROU) and Japan's SMBC are expected to participate in the B loan, according t

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