Acciona secures 'green loan' for Chile renewable projects

Thursday, April 20, 2017

Acciona has secured a 100mn-euro (US$108mn) "green loan" from BBVA for solar PV and wind energy projects in Chile, the former said Thursday.

The Madrid-based company's local subsidiary, Acciona Energía Chile, was awarded a series of 15-year supply contracts with power distributors totaling 600GWh/y in a national tender in late 2014.

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In a subsequent 2016 auction, the firm won a series of 20-year PPAs totaling 506GWh/y.

Acciona in December secured environmental approval for the US$101mn Almeyda solar PV project.

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