Renewable powerActive
Huemul Renewable Energy Portfolio
Huemul Energía SpA, a subsidiary of Ireland's Mainstream Renewable Power, built three wind farms (Ckani, Llanos del Viento, Puelche Sur) and two solar plants (Pampa Tigre, Valle Escondido) across Chile's Antofagasta, Los Lagos and Atacama regions, totalling 630 MW.
OperatorHuemul Energía SpA (subsidiary of Mainstream Renewable Power)
EcosystemWind and solar power portfolio
StandardNone
StatusActive
LocationAntofagasta, Los Lagos and Atacama regions, Chile
Overview
Inside the project
IDB Invest provided a USD 200 million loan alongside USD 341 million mobilised from four commercial banks (DNB Bank ASA, CaixaBank, KFW IPEX-Bank and MUFG Bank).
The portfolio was announced in November 2020, and is described by IDB Invest as designed to expand Chile's energy matrix using renewable sources.
630 MW
Combined capacity
425.2 MW
Wind capacity
205 MW
Solar capacity
200M USD
IDB Invest loan
Objectives
- Build three wind farms and two solar plants across three Chilean regions
- Expand Chile's renewable energy matrix
Approach
- IDB Invest's loan, alongside financing mobilised from four commercial banks, funded three wind farms and two solar plants across three regions.
Sources
Inspect 1 source
- idbinvest.org ↗https://idbinvest.org/en/news-media/idb-invest-promotes-expansion-chiles-energy-matrix-financing-five-renewable-energy
Documented by one public source so far.
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