Financing secured for large wind farm in Chile

Three banks will finance 115 MW wind farm in Chile. Japan’s SMBC, France’s Credit Agricole, and Norway’s DNB have agreed to provide financing for the proposed Cabo Leones 1 Wind Farm in Chile’s Atacama Desert.

Spanish energy company, Ibereolica and France’s EDF Energies Nouvelles closed financing with the three banks, according to two sources with knowledge of the process. This wind farm will be among South America’s largest.

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