Innergex refinances debt in Chile

Innergex refinances debt in Chile

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Canada's Innergex Renewable Energy said Friday that it refinanced $803 million in debt in Chile at "more favorable terms" by issuing $710 million in 2036 green bonds and getting a letter of credit for $93.1 million. "A core group of global institutional investors participated in the transaction, which saw strong demand and was significantly oversubscribed," Innergex said in a press release, adding that bonds priced at "competitive levels." Innergex will use $176 million to refinance three Aela w

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