Mainstream closes second phase of financing in Chile

Mainstream closes second phase of financing in Chile

Project & Infrastructure Finance Loans Debt Chile Andean Europe

Mainstream Renewable Power said Tuesday that it reached financial close on the second phase of a wind and solar power platform in Chile in what it called "one of the largest renewable energy debt financing deals undertaken in the world this year." The Irish company borrowed $620 million from five lenders – IDB Invest, KfW IPEX-Bank, DNB, CaixaBank and MUFG – and took out a VAT facility from Santander, Mainstream said in a press release. The lenders had agreed to terms earlier this year, as previ

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