Jinko Solar completes first long-term financing of $135 million 130 MW photovoltaic solar power project in Mexico
Clients Jinko Solar
Jones Day represented Jinko Solar, as sponsor, and its project company, Solar Park Viborillas, S. de R.L. de C.V., in connection with the development, construction, and senior financing of Jinko’s 130 MW photovoltaic solar power project to be constructed in Las Viborillas, Jalisco, Mexico. The overall project value is approximately $135 million, with the $108 million senior debt package provided by The Bank of Tokyo-Mitsubishi UFJ, Ltd.; Natixis; SG Americas Securities; Sumitomo Mitsui Banking Corporation; Intesa Sanpaolo; and BBVA Bancomer.
The Viborillas plant is one of three projects awarded to Jinko under Mexico’s first long-term renewable energy auction in 2016.