Epsa, througha green bond program, will issue up to COP$420 billion (US$140 million). The program is backed by the International Finance Corporation (IFC), and Financiera de Desarrollo Nacional (FDN), which will aquire equal parts for the total bond issuance.
Each part of the green bonds will be placed in one or several tranches, each for a minimum investment of COP50 billion (US$17 million). The maturity of the bonds is up to 12 years, from their placement.
JinkoSolar Holding Co Ltd will supply 86 MW direct current (DC) of solar modules for the project. Soltec Renewable Energies said it will provide the trackers
Enertis will oversee the construction of the project. It will verify the material and equipment supplies for the plant and supervise the engineering, electric, civil, health and security aspects during the construction and commissioning of the solar plant
Soltec Renewable Energie will deliver trackers for the solar project. The project is expected to be operational by the end of 2018
Construction of the project has been postponed indefinitely following a series of landslides at the site. Ituango was expected to begin operating in December 2018 and be supplying more than 17% of the...
Read moreEnel has announced that it is building the project. The plant is expected to begin operating in the second half of 2018