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E-buses Chile

Sector: Warehouse • Location: Chile

Source: International Finance Corporation (IFC)

Project
Active

 The proposed investment consists of a senior loan of up to US$304 million composed of a US$120 million IFC A loan and parallel loans of US$184 million that will support the world’s largest e-mobility urban public transport fleet outside of China. It entails the procurement of up to 992 electric buses (“E-buses”) for use in the Santiago metropolitan area in Chile (the “Project”). The E-buses will

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The project “E-buses Chile” is an infrastructure initiative in the Warehouse sector, located in Chile. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

 The proposed investment consists of a senior loan of up to US$304 million composed of a US$120 million IFC A loan and parallel loans of US$184 million that will support the world’s largest e-mobility urban public transport fleet outside of China. It entails the procurement of up to 992 electric buses (“E-buses”) for use in the Santiago metropolitan area in Chile (the “Project”). The E-buses will operate under 14-year bus supply leasing contracts with Chile’s Ministry of Transport and Telecommunications (“MTT”). The MTT awarded these contracts through a competitive bid as part of the ongoing fleet renewal and expansion tender for the Red Metropolitana de Movilidad (the “Red”) – Santiago’s public transit system.                                                  

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High

Data quality score

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