Bank of China Loaned $46.8 million to Helio Atacama Tres

$46.8M USD

Funder	Bank of China (BOC)
Recipient Organization	Helio Atacama Tres S.p.A.
Country	Chile
Start Date	Jan 01, 2015
End Date	Apr 27, 2028
Duration	4,865 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54633`

Grant Description

Bank of China contributes to USD 187.2 million syndicated loan to photovoltaic generation company Helio Atacama Tres As part of a syndicated loan reported in the 2015 PFI Financial League Tables, the Bank of China loaned $46.8 million to Helio Atacama Tres, a Chilean photovoltaic generation company.

Other banks involved in the loan according to the 2015 PFI Financial League Tables are DNB ASA (46.8 million USD), Rabobank (46.8 million USD) and Rothschild (46.8 million USD). The exact purpose of the loan is unknown.

📋 Staff Comments

It is difficult to find additional sources beyond the PFI Financial League Tables through searches in English and Spanish. Helio Atacama Tres SpA is a Santiago-based subsidiary of the Spanish company Ingenostrum according to online sources, but there are no details regarding this subsidiary available through the Ingenostrum website. This loan is reported in the 2015 PFI Financial League Tables, but it is unclear when the loan funds were committed so the Year Uncertain box has been checked.

📚 Sources & References

2015 PFI Financial League Tables Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.