Mainstream Renewable Power concludes reorganization process in Chile

Aker Horizons Chile Austria Norway

Reorganization of Condor and Huemul portfolios provides stable financial foundation for Andes Renovables platformTerms for c. USD 1.0 billion project senior debt re-negotiatedCommitment by Mainstream of USD 145 million in new secured loansExisting mezzanine debt re-negotiated and restructuredFunds managed by affiliates of Ares Management become minority equity owner in Andes Renovables platformMainstream secures new corporate financing facility of up to USD 220 million from DNB, backed by shareholdersView original content:https://www.prnewswire.co.uk/news-releases/mainstream-renewable-power-concludes-reorganization-process-in-chile-301987980.html