Grenergy Renovables

Grenergy Renovables secures $345M loan for Oasis de Atacama solar-plus-storage project in Chile, aiming for 1GW of solar and 4.1GWh of storage by 2024.

Spanish renewables firm Grenergy Renovables SL (BME: GRE) on Friday inaugurated a 30-MW/37-MWp solar power complex in the department of Tolima, central-west Colombia.

Spanish developer Grenergy has launched a EUR90 million (US$ 94.8 million) accelerated capital boost to fuel development in Europe and develop its power storage space capacity.

Grenergy Renovables S.A. (" Grenergy"), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have efficiently closed senior safeguarded facilities totaling United States $91 million for an anticipated 130 MWp portfolio of 14 solar photovoltaic (" PV") plants in Chile. This marks Natixis' first purchase with Grenergy and also was fully underwritten by Natixis.

Grenergy Renovables has penned a solar supply agreement with Spanish utility Galp, its first such agreement in the country.

A few Chilean major banks have united to support a bifacial PV system in Northern Chile's Atacama Desert, currently being constructed in the area listed among the planet’s driest inhabited places.