In August, global independent power producer Sonnedix, via its Chilean unit, broke ground on its 171MWp Atacama Solar PV plant in the Atacama desert. Once completed, the project will be the second-largest of its kind in the country.
Several months earlier, Sonnedix announced the financial close of US$99mn in new non-recourse project financing provided by Latin America development bank CAF as lead arranger, administrative agent and senior lender, and by Chile’s Banco BICE and Banco Security as senior lenders.
Pan American Finance – a Miami-based investment banking firm that provides M&A advisory, project financing, and debt & capital raising services across the Americas – advised on the transaction.
To find out about its role and more, BNamericas spoke with Pan American Finance CEO Ben Moody, whose company’s main focus is on renewable energy and infrastructure.
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