Carey advises Grenergy on the financing for the phases 1, 2 and 3 of the Oasis de Atacama project
Practice areas: Energía
GRENERGY on a USD345 million financing for phases 1 and 2 of the Oasis de Atacama project, under a project finance structure, for the construction and operation of a 220 MWp photovoltaic solar energy project and a 1.24GWh battery energy storage system (BESS), making it the largest storage project in the world. Phase 3 of said project included a financing for USD299 million for the construction, development and operation of the Víctor Jara project in Pozo Almonte, Tarapacá Region, of approx. 230 MW capacity. and 200 MW of a BESS system with a capacity of 1300 MW/hour.