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Grenergy secures $324 million for Oasis de Atacama battery project

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Grenergy has obtained $324 million in financing for phase four of its Oasis de Atacama project, named Gabriela. This phase includes 269 MW of solar capacity and 1.1 GWh of storage.  Financing was provided by BNP Paribas, Natixis Corporate & Investment Banking, Société Générale, Bank of Nova Scotia, and SMBC. The same institutions also financed the first three phases of the project, with a total investment of $643 million. The syndication of the first phase…

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Grenergy and CATL to supply battery for Chile’s Oasis de Atacama solar project

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Grenergy has formed a strategic partnership with Contemporary Amperex Technology Co (CATL) to supply batteries for the fourth phase of the Oasis de Atacama solar and storage project in Chile. CATL will provide 1.25 GWh of its EnerX model battery containers, comprising over 7,100 modules, known for high energy density and robust safety features suited to the project’s high-altitude location at 4,000 meters above sea level. The Oasis de Atacama project, located in northern Chile,…