Mainstream Closes Financing of Andes Renovables Phases

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Proceeds used to fund portion of construction equity to build out 1.3 GW Andes Renovables wind and solar platform, one of the largest renewable energy platforms in Latin America / Transaction takes place alongside first drawdown under the US$630m Huemul senior project financing announced in September / A sixth bank, SMBC joins the senior banking consortium alongside IDB Invest, KfW IPEX-Bank, DNB, CaixaBank and MUFG, with Santander providing a VAT facility

Global wind and solar development company, Mainstream Renewable Power has closed a US$280 million "mezzanine" construction finance facility with leading alternative lender AMP Capital Infrastructure Debt Fund IV. The AMP Capital facility complements the US$1.25 billion of senior project finance debt raised to date... ... More: Official Press Release Mainstream Renewable Power

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Mainstream Renewable Power, Chile, AMP Capital, financing, investment, South America, platform, wind, solar, renewable energy, wind farm, onshore