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Natixis arranges refinancing for solar farms in Chile

Natixis arranges refinancing for solar farms in Chile

August 19, 2022
French bank leads a $360 mln package for CC&L and CarbonFree to complete 53 projects under the PMGD program

Project & Infrastructure Finance Energy Solar Debt Loans Bonds ESG Renewable Chile France Canada

French investment bank Natixis said it arranged $360 million in debt for Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and CarbonFree Technology to refinance solar power plants in Chile. The refinancing involved a $19 million letter of credit, a $71 million bridge loan to cover ongoing construction costs and a roughly $270 million private placement to pay off debt and repay the bridge loan after construction, Natixis said in a press release on Wednesday. Natixis was the lead 

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