DNV has acted as market consultant to help secure a USD325m financing package for T Power, the renewable energy platform managed by Chilean asset manager Toesca.
The deal will enable construction of a 141MW/677MWh battery energy storage system and refinance a co-located 141MW solar plant alongside 18 PMGD solar sites totalling 121MWp, said the company.
Financing was arranged with international institutions including SMBC, Natixis and BCI, it added.
DNV was engaged to provide market consultancy across the portfolio from the Atacama Desert to the Biobío Region.
Its work included market due diligence, reviews of power purchase agreements and analysis to optimise the BESS’s financial viability.
Brice Le Gallo, regional director for semela, energy systems at DNV, said: “Securing financing for a multi-technology, multi-site portfolio requires deep market insight and a clear analysis of long-term revenue streams and risks. Our advisory services helped Toesca and its financing partners navigate this complexity, demonstrating how strategic storage deployment is essential for unlocking the full potential of Chile’s renewable energy abundance and supporting its national climate ambitions.”