Solek closes financing for Chile PV projects

The privately owned Czech firm said it raised US$178mil (RM821.8mil) through the private placement as well as US$75mil (RM346.3mil) in mezzanine financing, plus other forms of loans. — Reuters

PRAGUE: Solar energy firm Solek has closed a US$379mil (RM1.7bil) financing package including a private placement of 20-year bonds in the United States for its projects in Chile, the company says.

The privately owned Czech firm said it raised US$178mil (RM821.8mil) through the private placement as well as US$75mil (RM346.3mil) in mezzanine financing, plus other forms of loans.