OPDEnergy has concluded a financing value of US$103 million for its two renewable assets projects in Chile.
Sumitomo Mitsui Banking Corporation (SMBC) has granted the financing to Opdenergy. The funds obtained will be used for the construction of the La Estrella Wind Farm, located in the Libertador General Bernardo O'Higgins Region, and the Sol de los Andes Photovoltaic Solar Park, in the Atacama Region.
The La Estrella Wind Farm will have 50 MW of installed capacity. The facility, which is being built by OHL Industrial, will have 11 wind turbines supplied by Siemens Gamesa. It is scheduled to come into operation at the end of 2020.
The Sol de los Andes photovoltaic park, the other project covered by the financing, has an installed capacity of 104.3 MWp. Opdenergy is also acting as the EPC Contractor for the project.
The international law firms Milbank, Barros & Errázuriz, Cuatrecasas and Carey & Cía., participated as legal advisers to the operation.
Country updates
-
-
July 31, 2020
Sonnedix, Collahuasi sign PPA for 170 MWp Sonnedix Atacama Solar PV plant in Pica
Sonnedix and Collahuasi, the second largest copper mining operation in Chile, have signed a long-term power purchase agreement (PPA) for the delivery of 150 GWh per year. The PPA is for a 24/7 supply...
Read more -
July 28, 2020
Siemens Gamesa to supply turbines for 110 MW Cabo Leones III Wind Project in Atacama
Siemens Gamesa Renewable Energy has secured a new order from Ibereólica Renovables to supply 110 MW capacity for the second phase of Cabo Leones III wind park, in Chile. The company will delive...
Read more -
July 13, 2020
Solarcentury wins 1 GWp Chilean solar projects
Solarcentury has been awarded the right to develop three utility-scale solar farms for a total of 1.04 GWp (963 MWac) by the Ministry of National Assets of Chile. In the tender, 11 sites owned by the...
Read more -
July 10, 2020
Atlas Renewable Energy submits EIS for Parque Fotovoltaico Estepa Solar project in Antofagasta
Atlas Renewable Energy, through a special purpose company Estepa Solar SpA, has secured environmental approval through the submitted Environmental Impact Statement (EIS) to Chile's Environme...
Read more -
July 08, 2020
Energy Kitchen plans to build 95.2 MW Cabrero wind and 20 MW storage project in Biobio
Energy Kitchen GmbH has planned to develop a 95.2 MW Cabrero wind project with 20 MW of battery storage located in the commune of Cabrero, Biobio Region, Chile The project will consist of 17 win...
Read more
