May 24, 2019 |
Germany's WPD is looking for equity investors in Asia to raise funds for three wind farms in Chile, LatinFinance has heard.
The renewable energy company asked banks earlier this year for $500m in financing for the 237 MW Malleco, 39 MW Negrete and 58.8 MW Lomas de Duqueco projects in southern Chile. But now it has put its debt plans on hold and turned its attention to raising more equity for the projects, said a source close to the deal.WPD won 20-year offtake agreements for the Malleco and Negr
German renewable energy company puts debt plans on hold as it looks for equity investors in Asia, source says