Yinson unit secures financing for solar project


KUALA LUMPUR: Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59mil senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).

YR chief financial officer Vegard Urnes said the financing marked a significant milestone for the company in Latin America.

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