Project Finance for a Coal-Fired Power Generation Project
Supporting the First Power Infrastructure Project by a Japanese Company in Chile

  • Area: Latin America and the Caribbean
  • Infrastructures
  • [Project Finance]

JBIC signed a project finance loan agreement with Empresa Electrica Cochrane SpA, a Chilean subsidiary of Mitsubishi Corporation, for the Cochrane Coal-Fired Power Project. Under this power infrastructure project, Mitsubishi Corporation, as an equity investor, will undertake all development processes, from construction to operation, jointly with the Chilean company AES Gerner S.A. This is the first power infrastructure project in Chile with capital participation by a Japanese company, and is expected to become a model for future infrastructure projects in Chile by Japanese companies.

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