Business

Mainstream Renewable Power reaches $1.8 bn agreement for solar and wind power projects

Mainstream Renewable Power has reached a financial agreement for the second phase of its 1.3 GW Andes Renovables wind and solar power generation platform in Chile. The financial agreement is approximately $1.8 billion. The Company has successfully raised $620 million to finance the construction of the second phase of these projects. This brings the amount collected to date by the Andes Renovables platform to $1.25 billion dollars. The second phase of 630 MW of Andes Renovables is made up of three onshore wind power plants and two PV plants.

Source: PR Newswire

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