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Article: Calpine Completes $195 Million Project Financing for 525-MW Valladolid III Energy Center in Mexico.
- Article from:
- PR Newswire
- Article date:
- December 22, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Calpine Corporation announced today that its indirect subsidiary Compania de Generacion Valladolid, S. de R.L. de C.V. (CGV) completed a $195 million, non-recourse project financing for the Valladolid III Energy Center in Valladolid, Mexico. The financing facility will fund the construction of the 525-megawatt generation project that Calpine is developing with partners Mitsui & Co., Ltd. and Chubu Electric Power Co., Inc.
Financing is being provided by the Japan Bank for International Cooperation (JBIC) and three commercial banks from their Tokyo-based offices. The banks include Mizuho Corporate Bank, Ltd., Sumitomo Mitsui Banking Corporation and Standard ...