EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
CaixaBank, DNB, KfW IPEXBank, Natixis, SMBC and Societe Generale pump US$580m of debt into Andes Renovables platform, meant to deploy 1.3GW of wind and solar by 2022.
Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.
Firm’s H1 2019 revenue and EBITDA increase mixes with profit margin squeeze as construction progresses in Spain, Chile and global pipeline hits 1.76GW.
Deal to procure 1.6GW of renewables worldwide will see Silicon Valley giant purchase 720MW of PV in the US, 160MW in Denmark and 125MW from Chilean solar-plus-wind hybrid.
Infrastructure group adds to Latin American EPC contracts after being chosen by Clean Capital Energy to deploy 89MW La Huella in Chile’s Coquimbo region.
Construction kick-off of Atacama’s 382MW Campos del Sol sees firm hit fresh Latin American PV milestone, days after making progress with 608MW complex in Brazil.
The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
