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SELECTED TRANSACTION DETAILS
Natixis CIB Leads Financing for $364MM Portfolio of PV Projects in Chile
Wednesday, May 31, 2023

Lenders/Participants Natixis Corporate & Investment Banking [Arranger]
Structure $75MM Mezzanine Facility; $55MM PMGD Bridge Loan; $19MM LC Facility; $178MM Private Placement; $37MM Bridge Loan
Amount $364.000 Million
Borrower(s) Solek Holding SE
Description Natixis Corporate & Investment Banking (Natixis CIB) closed a US$364 million financing for a portfolio of a solar photovoltaic utility-scale and PMGD plants in Chile, owned and operated by Solek Holding SE (Solek) (the "Sponsor"). The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a US$ 75 million mezzanine facility, Sole Lead Arranger for a US$55 million PMGD bridge-loan facility, co-Lead Arranger for a US$19 million LC Facility, as well as co-Global Coordinator Placement Agent and Green Issuance Coordinator for a US$178 million private placement. A $37 million bridge loan was separately provided.
Industry Energy
Related Tags Natixis Corporate & Investment Banking