Developers pen LC for solar projects
The developer group of Kroma Energia, Scatec Solar and Statoil have signed a R$477m (US$124.8m) letter of credit with a group of five banks backing construction of three solar projects in the north-east of Brazil known as the Apodi cluster.
Mainstream readies mega wind farm
Mainstream Renewable Power has submitted plans to Chile’s Sistema de Evaluación de Impacto Ambiental (SEIA) for a 310.5MW wind farm in the Bio Bio region.
YPF unveils power unit and PF plans
State oil company YPF has launched a new power subsidiary called YPF Luz and expects to invest US$3bn in the affiliate in the coming five years.
MoU signed for PV and desalination project
Chile’s Trends Industrial and Saudi company Almar Water Solutions have signed a memorandum of understanding to develop a desalination plant powered by a solar photovoltaic project in the Atacama region known as Enapac.
Genneia lands wind financing
Local IPP Genneia has secured a US$141.6m debt financing backing the 101.4MW Pomona wind project in Rio Negro province.
Eletrobras and EDF pen MoU
Brazil’s state power company Eletrobras and France’s Electricite de France (EDF) have signed a memorandum of understanding to explore cooperation on nuclear energy, according to the Brazilian group.
Paradise Park PV reaches FC
Majority owner Neoen alongside Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund have reached financial close on a project financing backing the 51MW Paradise Park PV project.
Three bids for railway PPP
The Ministry of Transport & Public Works (MTOP) has opened three offers for the Ferrocarril Central railway public-private partnership.
Ministries to prioritise airport and irrigation works
The Ministry of Transport & Communications (MTC) and the Ministry of Economy & Finance (MEF) have been charged with prioritising the execution of upgrades at the Carlos Martínez de Pinillos airport in Trujillo.
Grupo Romero wins port PPP mandate
Grupo Romero affiliate Consorcio Transportadora Salaverry (CTS) has won the tender to finance, modernise and develop a multi-purpose port as a public-private partnership in Salaverry.
Karoon seeks O&G debt
Australian independent Karoon Gas Australia is said to be looking at an acquisition in Brazil and lining up US$1bn of debt in a deal being led by Australian banks.
