Reported earlier this week, Enel Green Power’s subsidiary Enel Green Power Chile announces it has concluded a loan agreement with Banco Bilbao Vizcaya Argentaria Chile (BBVA) for a $150 million loan to be used to partially cover its investment plan over the next few years in Chile.
A 5-year loan, it will be disbursed in the next few months and is backed by a parent company guarantee.
In Chile, Enel Green Power works on wind power projects, solar parks, but also is exploring various concessions with a potential of power generation capacity of more than 100 MW.
The company is one of the largest renewable energy developers with today a total installed capacity of 1,080 MW with operations in Costa Rica, Mexico and Chile, and additional projects in Brazil.
Source: Newswire Today
