The PMGD Solar Portfolio is an assembly of construction-stage ground mount projects in Chile, each of which sells its power at a stabilized price under the Pequeños Medios de Generación Distribuidos (PMGD) program.
Connor, Clark & Lunn Infrastructure has contracted to acquire 15 projects aggregating approximately 65 megawatts and closed its investment in the first two projects in September 2017. Investments in the balance of the projects are expected to occur throughout 2018.
Once fully constructed, the Portfolio will have approximately 200,000 solar modules and be capable of producing 130,000 megawatt hours of clean electricity annually.
- Stable Cash Flow and Solid Return
- Long Duration Investment
- Fixed-Price, Date-Certain Construction Contracts with Established Contractors
- Strong Warranties from Solid Counterparties