The US domestic installer has clinched a US$95 million revolving asset-based loan facility and a private placement of US$55 million aggregate principal amount of convertible senior notes.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
Agreement between R.Power Group and mBank for latter to finance under-construction pipeline is touted as country’s largest bank-backed solar arrangement to date.
State utility secures over US$20 million in funding to build complex in Kampong Chhnang province and will now tender for developers to deploy a 60MW first batch.
