Engie arranges financing in Mexico

Engie arranges financing in Mexico

Loans Project & Infrastructure Finance Debt Energy Renewable Solar Wind Mexico

France's Engie is expected to sign in a couple of weeks a debt package for more than $500m to finance renewable energy projects in Mexico, LatinFinance has heard. The energy company has come to terms with the lenders, and the banks are now finishing up their due diligence, said two sources close to the deal. The financing involves at least three long-term tranches with tenors of 16 to 17 years, they added. BBVA, Crédit Agricole and Natixis are leading a tranche from commercial lenders, while Ban

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