Algarrobo SpA

Gran Teno and Tamango Solar Parks - Financing

Borrower(s)
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Chile

Deal Overview

Grenergy has closed the $148 million green financing for the construction of the Gran Teno and Tamango solar parks in Chile. The transaction is structured as a Green Use of Proceeds loan. The 241MW Gran Teno solar farm is located in the province of Curico, near Santiago de Chile while the 48MW...

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Deal Volume
$164.15m
Financial Close
22/06/2023
Dealmakers
Sources

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Tranches

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Project Deals

241MW/884MWh Gran Teno PV Solar + BESS Project
$256.09m
Greenfield
PV Solar + bat storage
Latin America
Latin America
Chile
48MW/158MWh Tamango PV Solar + BESS Project
$144.57m
Greenfield
PV Solar + bat storage
Latin America
Latin America
Chile