The project will provide power under a 20-year agreement to Minera Los Pelambres, a subsidiary of Antofagasta Minerals, one of the largest copper producers in the world.   

CorpBanca was underwriter and mandated lead arranger, with BBVA acting as mandated lead arranger.

Both lenders are also providing a local Chilean peso VAT facility for the equivalent of $30m – the first time that commercial banks alone are participating in a senior debt facility for a solar project in Chile.

SunEdison