Campo-award.jpg#asset:1883Gabriel Monroy, Vice President of Structured Finance, accepts award at ceremony in Mendoza, Argentina

CHICAGO, IL (March 28, 2018) – Invenergy, one of the world’s largest privately held renewable energy companies, today announced it received the Latin America Renewables Project Finance Deal of 2017 by the prestigious Bonds & Loans publication for its Campo Palomas project in Uruguay. The Bonds & Loans Latin America Deals of the Year recognize outstanding deals from across Latin American credit markets in 2017. The award was presented to Invenergy on March 22, 2018, at a ceremony in Mendoza, Argentina. 

The 70-megawatt Campo Palomas wind project, located in the Salto Department of Uruguay, issued investment-grade-rated project bonds for approximately $135.8 million in the U.S. The issuance is under a A/B Bond structure involving a capital markets solution under the umbrella of the Inter-American Investment Corporation (“IIC”), the private sector arm of the IDB Group. The deal was structured and arranged by DNB Markets, Inc. and the IIC, and was marketed by DNB Markets, Inc. as Sole Placement Agent. The project bond also received a green bond certification from DNV-GL.

“We are delighted to be recognized for the innovative bond structure for Campo Palomas, and we appreciate the key role that DNB Markets, Inc. and the IIC played in the deal,” said Meghan Schultz, Senior Vice President of Structured Finance at Invenergy. “This is a significant transaction as we look to expand our portfolio in Uruguay and deepen our presence in Latin America.”

Within the last two years, Invenergy has expanded its presence in Latin America with projects like Campo Palomas, as well as La Jacinta Solar Farm (64 megawatts) also in Uruguay. In addition to delivering clean power, these projects are providing jobs and economic development benefits to the region. Together with Invenergy’s active project pipeline of more than 5,000 megawatts in Mexico, these projects represent Invenergy’s commitment to the energy transformation in Latin America.

Bonds & Loans deals of the year winners 

About Invenergy

Invenergy drives innovation in energy. Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas and Europe. Invenergy's home office is located in Chicago and it has regional development offices in the United States, Canada, Mexico, Japan and Europe.

Invenergy and its affiliated companies have developed more than 18,900 megawatts of projects that are in operation, construction or contracted, including wind, solar, natural gas-fueled power generation and energy storage projects. For more information, please visit

Contact: Donya Mansoubi, Senior Associate, Corporate Communications 

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