The loan is the first tranche of up to US$280M in financing agreed by BCP in June this year, SN Power Peru said in a statement on its website. The second round of funding isexpected to be confirmed over the next few months.
SN Power Peru and BCP in US$120M loan agreement
Banco de Credito del Peru (BCP) has granted SN Power Peru a $120M loan for investments in a number of new projects, including the 168.5MW Cheves hydroelectric project.
