BME:GRERenewable Energy
Is US$355m Central Oasis Hybrid Financing Altering The Investment Case For Grenergy Renovables (BME:GRE)?
In February 2026, Grenergy Renovables announced it had secured a US$355,000,000 non-recourse senior financing package from BNP Paribas, Santander and Rabobank to refinance and expand several Central Oasis solar-plus-storage projects in Chile totaling 398 MW of solar capacity and 1.4 GWh of storage.
This agreement, fully backed by long-term power purchase agreements and complemented by energy sales through its GR Power retail arm, strengthens Grenergy’s position in Chile’s hybrid renewable...