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September 12,2025

Grenergy Secures $270 Million for 3.5GWh Storage Project in Chile

Spanish IPP Grenergy secured US$270 million in non-recourse financing for Phase 6 (Elena) of its Oasis de Atacama solar-plus-storage project in northern Chile. The funding supports the deployment of 3.5GWh of battery energy storage to complement the existing 77MW of solar PV. This follows Grenergy’s recent sale of earlier project phases, totaling 451MW of PV and 2.

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