Bank of China Loaned $46.8 million to Helio Atacama Tres
Commitment amount
$ 52522496.65629498
Adjusted commitment amount
$ 52522496.66
Constant 2021 USD
Summary
Funding agency [Type]
Bank of China (BOC) [State-owned Commercial Bank]
Recipient
Chile
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Private debt
Infrastructure
No
Category
Project lifecycle
Description
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.
Additional details
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.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
DNB ASA [Private Sector]
N.M. Rothschild & Sons Limited [Private Sector]
Coöperatieve Rabobank U.A. (Rabobank) [Private Sector]
Direct receiving agencies [Type]
Helio Atacama Tres S.p.A. [Private Sector]