Enerfín has secured a loan of up to COP300 billion (US$66 million) intended to finance the construction of the company's first photovoltaic (PV) plant, situated in the municipality of La Dorada, in the Caldas department of Colombia. The PV park will have a capacity of 129 MWp and is expected to produce around 263 GWh of energy yearly, reducing carbon dioxide emissions by 132,480 tonnes annually.
The loan was obtained through a long-term debt instrument with Banco de Bogotá and Banco de Occidente. However, the loan was obtained without any contributions from the shareholders, and it complements other financing sources available to Enerfín.
Enerfín is set to commission the PV plant in November 2023, with the anticipation that the facility will operate throughout its lifetime under the local management of the Enerfín team. This project is a crucial component of Enerfín's plan to boost the supply of renewable energy and promote sustainable practices in Colombia.
Country updates
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March 28, 2023
MPC Energy Solutions completes 12.3 MW solar PV project in Norte de Santander
MPC Energy Solutions (MPCES) has announced the completion and grid connection of its 12.3 MW Parque Solar Los Girasoles project in Colombia's Norte de Santander region. The solar photovoltai...
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February 07, 2023
Grenergy commissions 90 MW solar PV project in Tolima
Grenergy has put into operation three 30 MW solar photovoltaic (PV) projects in the Colombian department of Tolima. The Cerritos, La Medina, and Los Caballeros PV parks will generate enough energy to...
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February 06, 2023
Ecopetrol, Total Eren to co-develop 100 MW solar PV project in Meta
Ecopetrol S.A. and Total Eren have signed a binding agreement for the development, financing, construction, and operation of the 100 MW IGA solar photovoltaic (PV) project in Colombia. Total Er...
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January 13, 2023
Total Eren to build 100 MWp solar PV project at Rubiales oil field
Total Eren has been selected by Ecopetrol to develop, finance, build, and operate a 100 MWp solar photovoltaic (PV) project in Colombia. The solar park will be constructed on the Ecopetrol Rubiales o...
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November 17, 2022
Gamesa to supply inverters for 113 MW solar PV project in Caldas
Gamesa Electric, a subsidiary of Siemens Gamesa, has struck an agreement with Elecnor Atersa to provide its Proteus 4300 solar inverters for the 113 MW Portón del Sol solar project in Caldas, C...
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