Puerto Rico to get its first utility-scale PV plant at 24MW

AES Ilumina, a unit of AES Solar, itself a joint venture of AES Corporation and private-equity firm Riverstone Holdings, has won construction and term loans plus tax-equity non-recourse financing facilities from MetLife, the insurance and financial services group. The amount of the loan has not been disclosed.

The plant will be built in Guayama, with construction led by Global Energy Services of Philadelphia.

Ilumina