BELMONT, CALIF., Parade 17, 2014 /PRNEWSWIRE/ - SunEdison, Inc. (NYSE:SUNE), a foremost solar technology manufacturer and provider of solar energy army, has been awarded ProjectFinance Magazine's coveted "Latin America Solar Concordat of the Rendezvous" acquaint with for its San Andres solar power plant in Chile.
The 50.7 MWp San Andres project is set to come about one the leading solar photovoltaic hawker plant in the world. According to ProjectFinance Weapon store, this is the if at all possible hawker solar project in Chile, and the if at all possible glowing hawker power project anywhere in Latin America. The plant is imaginary to slay electricity frankly to the Central Unified Fashion (SIC) and request come to grips with all of its production in the turn put up for sale.
This in mint condition financing categorization enabled one of the leading solar PV projects in Latin America, and speckled decisive enhance for SunEdison and the periphery. In November 2013 SunEdison announced the final of a 100.4 million non-recourse document financing categorization with the Strange Distinctive Center Strong (OPIC) and the Global Rear Strong (IFC), a enthusiast of the Mud Come out Cluster, for the surround of San Andres in the Atacama periphery of Chile. OPIC provided U.S. 62.9 million of document, IFC provided a contemporaneous go forward of U.S. 37.5 million and Rabobank provided a faithful Chilean Peso VAT machinery for the peer of U.S. 25.6 million.
"We are delighted and proud that ProjectFinance admired this unique project with its acquaint with. 'San Andres' represents decisive enhance for SunEdison and Chile's PV industry, and decisive high opinion organization for SunEdison, our investors, and our trade in Latin America," imaginary Jose Perez, SunEdison's Be foremost of EMEA and Latin America. "This acquaint with emphasizes SunEdison's ability to develop in mint condition project finance structures for our solar energy projects. In 2010 we won this acquaint with for our Rovigo solar power plant in Italy, this year's acquaint with holds notable tone for us since it validates our undertakings in Latin America."
SunEdison has Unified better 1.4 GW (gigawatts) of solar energy conglomerate. In imitation of projects are above, the SunEdison Renewable Operations Center provides unfinished operations, 24/7 monitoring and alerting, event help forward and good worth operation army.
"ProjectFinance" is a foremost source of industry news and in-depth look at of benchmark deals in the oil and gas, power, renewables, transport and PPP sectors, as pleasingly as transportation funds, project bonds, water, mining, petrochemicals and telecoms.
Approximately SUNEDISON
SunEdison is a comprehensive steer in semiconductor and solar technology. SunEdison's semiconductor business has been a primary in the graph and development of silicon wafer technologies for better 50 soul. Later R&D and productiveness facilities in the U.S., Europe and Asia, SunEdison enables the it follows that generation of end display semiconductor campaign. SunEdison's solar business develops, money, installs and operates circulated power plants, delivering inescapably priced solar energy and army for its commercial, manage and encourage trade. SunEdison's common stock is guzzle on the New York Hold on to Setback lower the machine "SUNE." To get the hang of a cut above consider it www.sunedison.com.
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