Special purpose vehicle Empresa Electrica Cochrane II is planning to issue up to US$725m in notes that will be used to pre-pay a project loan and pay termination costs of a hedging agreement on the 550MW Cochrane coal-fired generation project in Chile’s northern region.
The European Investment Bank (EIB) has approved an up to €80m (US$93m) loan to Brazil’s regional development bank Banco de Desenvolvimento da Região Sul (BRDE) to on-lend to clean energy projects.
Ecuador’s Ministry of Transport & Public Works (MTOP) has launched the tender for the US$1.14bn Guayaquil Southern Viaduct project as a PPP.
Paraguay’s Public Works Ministry (MOPC) is said to have cancelled procurement on the Silvio Pettirossi International Airport modernisation public-private partnership. The project had an estimated cost of US$149m.
ARAUCO has signed a letter of award (LoA) with Valmet to supply pulp mill technology including pulp drying and baling, a recovery boiler and a biomass boiler for the MAPA project in the Bio Bio Region.
Sacyr Engineering and Infrastructure and Terrak SAC have won the concession to upgrade and improve the 71km highway that connects Huancabamba and Canchaque in the region of Piura. The works will require S423.2m (US$127.4).
Brazilian utility Eletrobras has raised around R$1.3bn (US$325m) from the sale of wind and transmission assets.