Enel secures $650m club loan for Mexican solar projects

In:

Renewables

Region:

Americas

By Ross Crear

Enel Green Power has signed an 18-year $650 million club loan for the financing of three solar projects in Mexico. Each of the projects benefit from 20-year Clean Energy Certificates and 15-year PPAs, leaving a three-year merchant tail on the debt. The projects are almost fully built and...

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