Ergon Peru to join Latin America green pipe

Solar Fotolia 230x150
By Oliver West
27 Jun 2019

Italian-owned solar energy company Ergon Peru is looking to raise a 15 year green bond in dollars and has earned top marks from Standard & Poor’s on its green evaluation, the rating agency said.

Ergon is seeking to issue $219.4m of senior secured notes maturing in 2034 as it looks to refinance existing bank debt and finance the unfinished installation of solar panels in rural Peru. 

The company has not announced a mandate, but its last loan was a $142.3m deal maturing in ...

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