SunEdison announces financial close on largest merchant solar project in Latin America

Apr 1, 2014 - Lucy Woods - PV-tech.org

"SunEdison has announced financial close on a 50MW solar plant in Chile, which it claims is Latin America’s largest operational PV plant and also one of the biggest PV projects in the world operating without subsidies.

An investment consortium led by EverStream Energy Capital Management and financial services firm Claro Y Asociados, confirmed financial close of the 50.7MW 'San Andres' power plant.

"As one of Latin America's first merchant solar plants, the San Andres merchant PV plant demonstrates that solar PV is already a competitive energy source in countries like Chile," said Jose Perez, SunEdison vice president and head of Europe and Latin America..."

Read the whole article at PV Tech: http://www.pv-tech.org/news/financial_close_on_first_merchant_solar_project_in_chile