Yinson Renewables secures $59m financing for Peru’s Matarani solar project
Yinson Renewables has obtained $59 million in senior secured green financing for the 97 MW peak Matarani solar project in Peru. The financing, arranged by IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB), adheres to the Green Loan Principles 2023. The Matarani solar project, located near Arequipa, is Peru’s first non-subsidized operational solar plant financed through a green project finance facility. It is backed by a long-term power purchase agreement (PPA) with Orygen,…