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ENGIE Peru SLL

Sector: Geothermal • Location: Peru

Source: International Finance Corporation (IFC)

Project
Active

The proposed investment consists of an unsecured corporate facility of up to US$600 million (up to US$250 million from IFC's own account and up to US $350 million mobilization) to ENGIE Energia Peru S.A. (“EEP” or “the Company”), to support the Company in achieving its transformational non-conventional renewable energy (NCRE) target for the next five years. The facility will be structured as Susta

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The project “ENGIE Peru SLL” is an infrastructure initiative in the Geothermal sector, located in Peru. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed investment consists of an unsecured corporate facility of up to US$600 million (up to US$250 million from IFC's own account and up to US $350 million mobilization) to ENGIE Energia Peru S.A. (“EEP” or “the Company”), to support the Company in achieving its transformational non-conventional renewable energy (NCRE) target for the next five years. The facility will be structured as Sustainability Linked Loan and the first loan of the facility has a total amount of US$ 120 million. The proceeds of the loan will (i) refinance the investment to acquire Duna and Huambos,  two operating wind farms of 36.8MW in total, (ii) finance the development and construction of a 51.4 MW solar plant expansion, Intipampa, and (iii) refinance the development and construction of a 26.5MW BESS, currently under operation.        

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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