China's JinkoSolar is supplying the project with modules, and Pattern is overseeing construction.
San Francisco-based Pattern has not revealed where the $205m in project finance for Conejo came from.
Conejo, due for completion in summer 2016, is a major step for wind-centric Pattern, which has been open about its plans to diversify into solar and more broadly into power-transmission assets.
“We are expanding into the solar power market with one of the largest solar projects in Latin America,” says Mike Garland, chief executive of both Pattern Development and Pattern Energy.
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