EIG Global Energy Partners sign a deal to finance the Cerro Dominador CSP-PV project in Chile

EIG Global Energy Partners has signed a $758 million deal to finance the first combined CSP-PV project, Cerro Dominador, in Chile. The financing has been provided by international financial institutions and local banks including Natixis, Deutsche Bank, Société Générale, ABN AMRO, Santander, Commerzbank and BTG Pactual. Several other participants are also expected to join the financing group. The plant will supply energy to the national interconnected system in Chile, selling most of its power under 15-year power purchase agreements (PPAs) signed at the end of 2014. The construction of the 210 MW CSP-PV plant in the Atacama desert will generate more than 1,000 jobs during the next two years.

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