Project Notice |
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PNR | 41839 |
Project Name | Electricity Tariff Stabilization Liquidity Facility |
Project Detail | This operation (the Operation or the Project) is intended to provide a liquidity facility to a group of companies comprising Aela Generación S.A.; AES Gener S.A.; Cerro Dominador CSP S.A.; Colbún S.A.; Chungungo S.A.; Empresa Eléctrica Caren S.A.; Empresa Eléctrica de Panguipulli S.A.; Enel Generación S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo S.A.; GM Holdings S.A.; Guacolda Energía S.A.; Norvind S.A.; San Juan S.A.; and Santiago Solar S.A.; (the Clients or the Companies) to counter the repercussions in the economic environment generated by the Tariff Stability Law and the lack of liquidity they are experiencing as a result of the postponement of payment of part of the energy purchase agreement (PPA) price set forth in said law. The funds of the Operation will be used exclusively to acquire receivables associated with the stabilization mechanism established by the aforementioned Law. |
Funded By | Inter-American Investment Corporation (IIC) |
Sector | Energy & Power |
Country | Chile , South America |
Project Value | CLP 1,080,000,000 |
Contact Information |
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Company Name | Aela Generación;AES Gener;Cerro Dominador;Colbun;Chungungo; Empresa Eléctrica Caren;Parque Eólico Taltal;Enel Generación Chile;Enel Green Power Chile;Engie Energía Chile;Eólica Monte Redondo;GM Holdings;Guacolda Energía;Norvind;San Juan y Santiago Solar |
Web Site | https://www.idbinvest.org/en/projects/electricity-tariff-stabilization-liquidity-facility |