August 31, 2017
EIG Global Partners has started talks to finance the $1.4bn Cerro Dominador solar plant in Chile, sources have said.
The US private equity firm is approximately three weeks into negotiations and is circling some $700m in debt financing that it could ink before the end of this year, sources said.
Cerro's previous owner, Spain's Abengoa, spent roughly $200m on project works, before halting construction early last year. After running into financial difficulties, the construction firm handed its
US private equity firm could ink some $700m in debt to finance the Chilean solar plants