Business

Sonnedix closes financing for portfolio of small-scale PV plants in Chile

 Sonnedix Power Holdings Ltd has made a loan arrangement to finance around 20 solar photovoltaic (PV) parks totalling an expected 100 MWp in Chile. The independent power producer (IPP) said it has closed senior facilities for USD $87 million with French corporate bank Natixis SA, which acted as the sole lead arranger, hedge provider and administrative agent. The funds will be dedicated to financing a portfolio of solar plants that operate under Chile’s special scheme for distributed generation projects, locally known as PMGD.

Source: Renewables Now

Categories: Business, Industry