Javiera solar power plant project, Chile
Name and Location
Javiera solar power plant project, Chile.
Client
SunEdison.
Project Description
The project involves the construction of a 69.5 MW solar power plant.
The power plant will provide energy under a 20-year power purchase agreement for Minera Los Pelambres, a subsidiary of Antofagasta Minerals, the largest private mining group in Chile.
Once completed, the plant will become one of the largest solar photovoltaic power plants in Latin America.
Value
SunEdison announced the closing of a $130-million nonrecourse debt financing arrangement with CorpBanca and BBVA in October 2014. The debt proceeds will be used to fund construction of the Javiera solar power plant.
Duration
Interconnection of the Javiera plant is expected to take place during the first quarter of 2015.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
SunEdison, Juan Ignacio Moreno, tel +34 915 242 670 or email jmoreno@sunedison.com.
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