Project Detail |
The proposed transaction consists of a structured financing to AES Dominicana Renewable Energy S.A. (the “Borrower” or “ADRE”) to (i) finance the design, construction, operation and maintenance of the Mirasol solar project, the Peravia I solar project and the Peravia II solar project; three greenfield Non-Conventional Renewable Energy (“NCRE”) projects totaling 240MWac of installed capacity (the “Greenfield Projects”) and (ii) refinance short-term facilities previously obtained by the Borrower to build the Agua Clara wind project, the Bayasol solar project and the Santanasol solar project; three NCRE projects totaling 150MWac of installed capacity (the “Operating Projects” and together with the Greenfield Projects, the “Warehouse” or the “Project”). The Project will be located in the Dominican Republic (“DR”). |