The OPIC Blog

OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

sunedison solar panels

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received an award from Project Finance International, which named SunEdison’s San Andres facility the Latin American Solar Deal of the Year for 2013.

The San Andres photovoltaic plant, under construction in Chile’s Atacama Desert, will produce over 50 megawatts of electricity once complete, which will make it the largest solar facility in all of Latin America.

“OPIC is excited to support this landmark project which will help Chile take advantage of its solar potential, increase access to energy, and create local jobs,” said Elizabeth Littlefield, OPIC’s President and CEO, upon the agency’s initial commitment of support to the project. PFI’s recent award only adds to OPIC’s pride in taking part.

In recent months, PFI also awarded the OPIC-supported Alto Maipo hydroelectric project in their Best-of 2013 honors, and in an inaugural ceremony held in early March, OPIC presented SunEdison with the first-ever OPIC Impact Award for Renewable Resources, for a photovoltaic solar plant in rural South Africa.


SunEdison logo

Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

OPIC achieves major milestone, surpassing its initial Power Africa commitment

Two years ago President Obama launched one of the most ambitious development initiatives of his Presidency and enlisted the support...

OPIC featured on State Department’s Dipnote Blog

“This year has been declared the “Year of Light.” It is easy to see why.” OPIC President and CEO Elizabeth...

Ten facts and forecasts that illustrate the demand for renewable energy in the developing world

OPIC is an active participant this week in Secretary Kerry’s Climate and Clean Energy Investment Forum, focused on clean energy...