Project Finance Brief: SOLEK Closes $379 Million Financing for Solar Projects in Chile

BayWa r.e. secures financing for 54 MW solar project in Spain

June 7, 2023

/ Staff
/ Finance and M&A, Other
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Solar energy firm SOLEK has closed a $379 million financing package, including a private placement of 20-year bonds in the United States for its projects in Chile. The privately owned Czech firm raised $178 million through the private placement and $75 million in mezzanine financing, plus other forms of loans. The company owns a 284 MW portfolio of solar projects in Chile.

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Staff

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