Jenner Renewables reaches financial close on 146MW PV portfolio in Chile

Facebook
Twitter
LinkedIn
Reddit
Email
The portfolio, developed in two phases, will feature a 46MW first phase that is expected to reach commercial operation by Q3 2018. The 100MW second phase is expected to reach commercial operation by Q1 2019. Image: Steve Rainwater / Flickr

Jenner Renewables, an IPP focused on renewable projects in Latin America, has reached financial close on a portfolio of 12 solar projects in Chile totaling 146MW.

The portfolio, developed in two phases, will feature a 46MW first phase that is expected to reach commercial operation by Q3 2018. The 100MW second phase is expected to reach commercial operation by Q1 2019.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Located across the Sistema Interconectado Central (SIC) region, these solar projects are supported by Chilean Small Distributed Generators' (PMGD) pricing system that provides a long-term influx of stable cash flow to the projects.

Jenner’s financing structure was arranged by Deutsche Bank and will allow the IPP to finance each separate project on a non-recourse basis under an aggregation facility as each project reaches ready-to-build stage.

The 146MW PV portfolio will displace 120,000 tons of CO2 per year in Chile and generate 324 GWh per year — producing enough energy to power more than 43,000 Chilean households.

Jorge Calvet, founder and CEO of Jenner, said: “As an independent power producer operating throughout Latin America, we are very excited to contribute in such a significant way to the development of renewable energy in Chile. This country is at the forefront of implementing a carbon free electricity system by 2040 and our projects definitely support this strategy. Yhis is part of our renewable energy pipeline of 1,500MW, which we intend to develop over the next 3-4 years in Chile, Mexico, Colombia, Argentina and other countries in the region.”

Read Next

July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 1, 2025
Spanish independent power producer (IPP) Zelestra has secured financing and reached financial close for its 220MW solar-plus-storage plant in Chile.
June 4, 2025
Independent power producer (IPP) Grenergy has acquired 1GW (298 units) of inverters from Spanish manufacturer Ingeteam for its 2GW/11GWh Oasis de Atacama solar-plus-storage project in Chile. 
May 30, 2025
Spanish independent power producer (IPP) has unveiled two new solar-plus-storage projects, one in Central Chile and the other in Spain.
May 21, 2025
The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile.
April 25, 2025
Greek renewables developer Metlen Energy & Metals has sold a Chilean solar-plus-storage portfolio to investor Glenfarne Asset Company.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK