Engie seals financing in Mexico

Engie seals financing in Mexico

Project & Infrastructure Finance Loans Energy Renewable Solar Wind Debt Mexico Europe

France's Engie has signed an 18-year, $480m loan to fund four solar and two wind power projects in Mexico, LatinFinance has confirmed. The energy company agreed to the terms with lenders in March, but delayed closing the loan for undisclosed reasons, sources said. Bancomext, BBVA, Crédit Agricole, Natixis and Proparco participated in an uncovered tranche. Prior to closing, Bancomext and Crédit Agricole were expected to partake in a tranche with an 80% guarantee from the Danish export credit agen

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