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.

Source: Renewables Now