IDB Invest, a member of the IDB group, and Engie Energía Chile, sealed a financing of US$125 million to finance the construction, operation and maintenance of the Calama Wind Farm (151 MW) in the Antofagasta Region.
The financing, which has a 12-year term, is made up of three loan tranches: one from IDB Invest resources, for US$74 million; a second of US$15 million in financing from the Clean Technology Fund (CTF), and a third of US$36 million from the Chinese Fund for co-financing in Latin America and the Caribbean (China Fund). In addition, the multi-donor fund NDC Acelera administered by the IDB and funded by the Nordic Development Fund, Austria, the Netherlands and Sweden, financed the technical work accompanying the transaction.
Country updates
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February 10, 2021
Sonnedix starts operation of 170 MWp Sonnedix Atacama Solar PV plant in Pica district
Sonnedix Power Holdings Ltd has started the operations of the 170 MWp Sonnedix Atacama solar photovoltaic plant located on 450-hectare (1,112 acres) of land in the Pica district, Atacama Desert,...
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February 08, 2021
Aggreko to deliver 25.9 MW hybrid solar and thermal system
Aggreko has signed a contract with Gold Fields, global mining operator, to provide a total of 25.9 MW hybrid solar and thermal power solution to the Salares Norte open pit mine in Chile. This solution...
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February 05, 2021
Ibereolica submits EIS for planned 1,171 solar and wind complex in Antofagasta
Spanish developer Grupo Ibereolica Renovables has submitted an environmental impact study (EIS) for the proposed 1,171 MW renewable energy complex in the region of Antofagasta in Chile.&nbs...
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February 04, 2021
AES submits EIS for the development of 114 MW Don Alvaro wind project in Los Angeles
AES Gener has submitted an environmental impact statement for the development of a 114 MW located approximately 13 km west of the Los Ángeles commune, Biobío Region, Chile. Th...
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January 29, 2021
Repsol, Ibereolica ship nacelles for 110 MW Cabo Leones III Wind Project in Atacama
Repsol and Grupo Ibereólica Renovables have planned to operate with 189 MW of installed power, with the shipment from Bilbao of the main technology components of their wind turbines. The first...
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