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Sunday, 25 June 2017

Puerto Libertad finds another lender

PFI Issue 603 - June 14, 2017

Developers Acciona and Tuto Energy are talking to the North American Development Bank (NADB) to secure part of the debt financing it needs backing the 270MW Puerto Libertad solar project in Sonora. They are reportedly looking to secure US$280m in debt overall backing the facility, which would mean leverage of around 50%. The duo recently upsized the project to 270MW from 180MW after signing another power purchase agreement with a private client. The two companies signed a power purchase agreement (PPA) – the first of a private nature signed under the new Law on the Electric Power Sector in Mexico – to sell 90MW of the output to a Tuto Energy affiliate, a major industrial group. The first 180MW phase of the project was allocated to the CFE following ...

Met Airport PPP tender to begin in 2018

PFI Issue 603 - June 14, 2017

The Costa Rican Ministry of Public Works & Transportation (MOPT) has announced that work will begin in 2018 on the greenfield Metropolitan International Airport with the launch of a tender process.

Financiers pull out of dam project

PFI Issue 603 - June 14, 2017

The international lenders that committed to financing the Agua Zarca dam on the Gualcarque River have withdrawn their financing after a series of murders and other crimes near the project.

Eosol readies solar projects

PFI Issue 603 - June 14, 2017

Spanish company Eosol and the state government of Durango have announced plans to install three utility-scale solar projects totalling 283.6MW. The projects are expected to require US$250m to develop.

Torex lands refi on mine debt

PFI Issue 603 - June 14, 2017

Torex Gold Resources has signed a binding commitment letter through wholly-owned subsidiary Minera Media Luna refinancing the project financing it took out backing the construction of the El Limon-Guajes Mine in the country’s south-west.

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