Opdenergy , a global independent power producer (IPP) with 2.5 GW in operation across Europe, the United States, and Latin America, has successfully closed a USD 227 million financing deal for its renewable energy portfolio in Chile. Lenders participating in the transaction included SMBC, BNP Paribas, and ICO.
The financing is linked to a diversified portfolio of renewable energy assets, which includes the Sol de Los Andes solar plant (104 MWp) and the Sol de los Andes battery energy storage system (90 MW/513 MWh) located in the Atacama region, the La Estrella wind farm (50 MW) in the O'Higgins region and a 17 MW solar portfolio located in the Valparaíso region.
Opdenergy Chile began operations in 2014 and has a strong presence in the country's energy sector. In addition to its 371 MW of operational capacity, Opdenergy has a multi-technology portfolio of 748 MW ready to begin construction within the next 12 months: the 95 MW Dañicalqui and 132 MW Vientos del Lago wind farms in the Ñuble and Los Lago regions, respectively, in southern Chile; the 235 MW Don Carlos solar plant in the Atacama region; and the 196 MW/1.2 GWh Don Carlos BESS and 90 MW/0.5 GWh Alcones BESS energy storage projects in the Atacama and O'Higgins regions, respectively.
“This transaction represents a significant milestone for Opdenergy in Chile, as it consolidates a solid and profitable financial structure, aligned with the company's strategy. The portfolio combines different power generation technologies for the operating assets, diversifying its revenue mix and strengthening its financial stability and long-term growth prospects,” stated Luis Cid , CEO of Opdenergy.
“We are proud to contribute to Chile’s energy transition, generating lasting local value through long-term investments, operational excellence and close collaboration with communities, partners and customers,” said Carlos Ortiz , Managing Director of Opdenergy for Chile.
“This financing strengthens our ability to continue developing clean, reliable, and competitive energy across the country,” he added.