Solarpack Secures $176 Million Financing for San Martin Solar Project

The solar project is currently under construction

March 25, 2024

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Solarpack, a solar project developer, has secured a $176.6 million senior financing package for the 300 MW San Martin solar project in Peru. The financing has been secured from enders Crédit Agricole Corporate and Investment Bank, Natixis Corporate & Investment Baking, BBVA, and BNP Paribas using a project finance structure, being the first renewable project financed in Peru based on a Power Purchase Agreement (PPA) between private parties.

Mercom Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS