Irish renewable energy developer Mainstream has borrowed $580m from a consortium of banks to finance construction of the first 571MW stage of its wind and solar platform in Chile.
Known as Andes Renovables, the whole project comprises 1.3GW of both technologies - 951MW onshore wind and 350MW solar PV.
The company didn’t provide financing details with the bank syndicates that includes CaixaBank, DNB, KfW IPEX-Bank, Natixis, SMBC, Societe Generale and Santander.
