The multilateral bank CAF has granted structured financing, a green-label A/B loan totaling US$400 million to ENGIE Energía Chile. This support is part of the company’s 2025-2027 strategic plan, aimed at expanding its renewable capacity and transforming its energy matrix.
Leadership and international A/B lending
As Mandate Lead Arranger and Lender of Record, CAF structured the operation by mobilizing an additional US$150 million from international financial institutions such as BBVA, CACIB and SMBC. The latter, in addition to being a participant in Tranche B, acted as the Green Financing Coordinator. The operation marks the first incursion of BBVA and CACIB in this type of CAF-led structures in more than a decade.
The financing is earmarked for solar photovoltaic generation, wind energy and battery energy storage systems (BESS) projects. These developments will enable
The transaction will allow ENGIE to extend the average life of its debt and access more competitive interest rates compared to its current average. This loan complements the recent placement of green bonds that the company made in September in the local market, consolidating a financial strategy aligned with ESG criteria. It also represents a key tool for securing 100% of the debt foreseen in the two-year investment program.
For CAF, this financing demonstrates its commitment to energy sustainability in Latin America. By supporting ENGIE Chile in its transition to cleaner generation, it also boosts regional climate goals and emissions reductions in the electricity sector. The operation reinforces the bank’s position as a strategic partner in the development of infrastructure with positive environmental impact and proven financial viability.
Source and photo: ENGIE Chile
