Grenergy and Natixis close $91mn solar PV portfolio financing in Chile

Grenergy Renovables S.A., with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totalling $91 million for an expected 130 MW portfolio of 14 solar photovoltaic (“PV”) plants in Chile. The Grenergy portfolio consists of solar projects that will operate under Chile’s special regime for distributed generation projects (known as “PMGD”).

Source: PR Newswire