CAF approves financing for Chilean solar project
Date
July 19, 2016
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
The Green Climate Fund (GCF) has approved project financing to develop the 143 MW Atacama Solar PV project Tarapacá in Chile.
The total project investment is estimated at US$265 million. The project's financing package comprises an US$49 million loan, which will be extended through the Development Bank of Latin America (CAF).
Phase I of the project involves a 143 MW capacity PV plant that could be expanded to 250 MW. Located in an area with the highest level of solar irradiation in South America, the new solar facility is expected to generate approximately 412 GWh/year.
The plant, which is scheduled to be commissioned by 2017, will operate at US$44/ MWh. The project will be handle by Sonnedix, a US-based independent power producer (IPP).
List of country news
Country news
-
-
July 07, 2016
Enagás to increase its shareholding in the Sagunto regasification plant to 72.5% and in the Quintero LNG plant to 60.4%
Enagás, via its subsidiary Enagás Transporte, has agreed to acquire a 42.5% stake in the Sagunto regasification plant (in Spain) from Union Fenosa for €106 million (US$118 million). Read more -
June 27, 2016
Proparco and Solairedirect reach an agreement for the financing of a 54 MW Solar PV Power Project in Chile
Proparco and Solairedirect have reached an agreement for the financing of a 54MW Los Loros Solar PV power project in Chile. The financing package will consist of a US$19.7million long-term loan. Read more -
June 15, 2016
Enagás reaches a deal to increase its stake in the GNL Quintero regasification terminal in Chile to 40.4%
Enagás, through its subsidiary company Enagás Chile, has reached an agreement to acquire the total Endesa Chile stake in GNL Quintero, S.A. (20%) for US$200 million. Read more -
June 13, 2016
Banco BICE finances 15 MW hydroelectric facility in Chile
Banco Bice has provided financing to Hidropalmar S.A., the company responsible for the development of the Pasada Palmar-Correntoso hydropower plant in Chile. Read more -
June 09, 2016
Enel seeks financing for geothermal plant in Chile
Enel Green Power S.p.A. through the Inter-American Investment Corporation (IIC) has recently announced that it is seeking financing for the 48 MW Cerro Pabellón geothermal plant, which is being developed at the Apacheta geothermal concession, 1,300 km north of Santiago, at an altitude of 4,500 masl. Read more
