IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
Energy Finance & Investment News in Chile
Chile’s Environmental Assessment Service has approved Mainstream Renewable Power’s 245 MW Escondido Solar PV facility, making it one of the largest approved projects in the Atacama region.
Chile has announced 4.2 GW renewables tender in order to supply the energy needs of the regulated customers of the Interconnected Systems (SIC and SING) from January 1, 2023, for 20 years.
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.
Red Eléctrica Chile, a subsidiary of Red Eléctrica Internacional, and Engie Energia Chile, a subsidiary of ENGIE, have announced that they had secured financing to build an energy transmission line.
EDF Energies Nouvelles and Spanish energy firm Ibereolica have closed financing for the 115-MW Cabo Leones I, a wind energy plant and associated power transmission facilities in the Atacama region of northern coastal Chile.
Enagás, through its subsidiary Enagás Chile, has finalised the acquisition of 20% of the GNL Quintero regasification plant from the company Aprovisionadora Global de Energía.
Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador,Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value (cash and the assumption of debt)
Ardian Infrastructure has announced it has acquired an 81% stake in four Solarpack solar PV plants in South America for US$31 million.
Spain-based Grenergy Renovables SA has achieved the financial closure for two photo-voltaic (PV) solar facilities, La Esperanza and Marchigue PV plants, located in the Marchigue municipality of O'Higgins region, Chile.
Ferrovial has reached an agreement to acquire Transchile Charrúa Transmisión, S.A. (Transchile) from Brazilian companies Alupar and Companhia Energetica de Minas Gerais (Cemig).
Spanish developer Solarpack has announced that it has won the tender to develop a photo-voltaic (PV) solar project in Chile through a new world record-low PV price of US$29.10/MWh.
WPD has announced it has taken part in the largest tender for the supply of electricity in Chile's history and it has won order in tender for onshore wind farms with a total capacity of 350 MW.
Mainstream Renewable Power wins seven government contracts in Chile to build 1 GW of wind energy plants worth US$1.65bn
Mainstream Renewable Power, a global wind and solar energy company, has announced it has been awarded contracts by the National Energy Commission of Chile to build and operate seven utility-scale wind energy plants with a total investment value of US$1.65 billion.
ACCIONA Energía Chile has been awarded 506 GWh/year of electricity output for twenty years in the energy tender called by the Chilean Administration. The tender was open to both renewable and conventional technologies
The Spanish multinational Vector Cuatro has opened a new office in Chile as a new regional hub for its activities in South America and to further strengthen its international presence.
The largest auction of electricity supply contracts in Chile’s history attracted 84 bids to supply 12,430 gigawatt-hours a year, a third of supply to regulated consumers. The winners of the auction will be announced on August 17.
The Green Climate Fund (GCF) has committed through the Development Bank of Latin America (CAF) a US$49 million loan to develop a 143 MW Atacama Solar PV project Tarapacá in Chile.
Enagás to increase its shareholding in the Sagunto regasification plant to 72.5% and in the Quintero LNG plant to 60.4%
Enagás, via its subsidiary Enagás Transporte, has agreed to acquire a 42.5% stake in the Sagunto regasification plant (in Spain) from Union Fenosa for €106 million (US$118 million).
Proparco and Solairedirect reach an agreement for the financing of a 54 MW Solar PV Power Project in Chile
Proparco and Solairedirect have reached an agreement for the financing of a 54MW Los Loros Solar PV power project in Chile. The financing package will consist of a US$19.7million long-term loan.