Enel Colombia secures US$300mn loan for solar, distribution projects
Enel Colombia has secured a US$300mn loan from the European Investment Bank (EIB) to support its solar and distribution business segments.
The operation, which will see the funds disbursed in local currency, was approved in partnership with Italian export credit agency SACE, the EIB said in a statement.
"This agreement is in line with the EU Commission’s Global Gateway Investment Agenda, and it is the first EIB framework loan exclusively dedicated to financing Enel Colombia’s sustainable development, as well as being the first EIB synthetic product with an Enel Group subsidiary," the statement said.
It added that the facility would finance the Guayepo I and II solar parks, which have combined capacity of around 486MW, and distribution initiatives such as new connections and e-mobility.
More information about the operation can be seen here.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Electric Power (Colombia)
EPM modernizes and expands the Caldas power substation
EPM expanded and modernized the Caldas energy substation, a project considered key to meeting the current and future energy needs of this municipal...
EPM unveils US$3.2bn 2025 investment plan
In total, the Colombian multiutility said its board approved a 30.1tn budget for 2025, with funds also destined to operational costs, royalties, ta...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Colombia)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Compostela solar plant
- Current stage:
- Updated:
4 weeks ago
- Project: Valledupar 5 solar plant (Valledupar Solar Complex)
- Current stage:
- Updated:
4 weeks ago
- Project: Valledupar 4 solar plant (Valledupar Solar Complex)
- Current stage:
- Updated:
4 weeks ago
- Project: Miel II hydro plant
- Current stage:
- Updated:
4 weeks ago
- Project: Ligustro 2 photovoltaic park
- Current stage:
- Updated:
4 weeks ago
- Project: Ligustro 1 photovoltaic park
- Current stage:
- Updated:
1 month ago
- Project: Termoriente
- Current stage:
- Updated:
1 month ago
- Project: 500kV Southwestern Reinforcement
- Current stage:
- Updated:
1 month ago
- Project: La Virginia - Alférez Transmission Line (Section 2 Southwestern Reinforcement Project)
- Current stage:
- Updated:
1 month ago
- Project: Río Grande de la Magdalena river wind farm
- Current stage:
- Updated:
1 month ago
Other companies in: Electric Power (Colombia)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Hidrogeneradora Pijao S.A.S. (Hidrogeneradora Pijao)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Termo Caribe S.A.S. E.S.P. (Termo Caribe)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Consultec Ingeniería y Construcción S.A.S. (Consultec Ingeniería y Construcción)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Hidroelétrica Ituango S.A. E.S.P. (Hidroituango)
-
Hidroeléctrica Ituango S.A. E.S.P., a JV between Colombian state-run utility group EPM and local development institute Idea, was created to finance, build, own, operate and main...
- Company: GM Colombian Hydro S.A.S. (GM Colombian Hydro)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: SC Solar S.A.S. (SC Solar)
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
