Engie Chile secures $125 mn to build Calama wind project

Engie Energia Chile SA has secured $125 million in funds to build the Calama wind project and decarbonise its operations as it moves towards closing its coal-fired power plants in Chile. The financial package was prepared by IDB Invest, which provided a $74 million senior loan. Another $15 million came from the Clean Technology Fund (CTF), and $36 million from the Chinese Fund for Co-financing in Latin America and the Caribbean.

Chile is top country in Latin America for foreign investment, says Milken Institute

Chile ranks no. 1 in Latin America as the country with the most potential to attract foreign investors, according to the 2021 Milken Institute Global Opportunity Index. Latin America performs well compared to other emerging and developing economies in two key areas: 1) having a highly qualified and diverse workforce and 2) the breadth and depth of the region's financial systems.