Reden and Natixis close second solar PV portfolio financing in Chile
Reden Development Chile SpA Solar (“Reden PMGD 2.0”) and Natixis have successfully closed senior secured facilities totaling US$81.5 million for an expected 100 MWp portfolio of approximately 20 solar photovoltaic (“PV”) plants in Chile. This is Reden’s second PMGD portfolio in Chile; its first having also been financed by Natixis.
Reden group is an independent renewable power producer focused on the development, construction and operation of PV solar plants in France and internationally. Founded in 2008 in the Lot et Garonne region and present in Nimes (France) and Madrid (Spain), Reden Solar has undergone a strong growth due to the professionalism of its team. A leading player of the energy transition, Reden Solar, supported by its shareholders Infravia (53%) and Eurazeo (47%), continues to develop with more than 573 MW of installed capacity worldwide as of 2020.
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Aitor Alava
Head of Infrastructure Finance - Latin America, Americas, Corporate & Investment Banking, Natixis