Stabilizing Electricity Prices

Supported the capital raising of $900M+ in blended finance to securitize receivables from the electrical generation companies serving Chile

Goldman Sachs supported the capital-raising of over $900 million in blended finance to securitize receivables from the electrical generation companies serving Chile. This will help to stabilize pricing as new, cheaper renewable energy is deployed in the country and carbon-intensive plants, including coal-fired ones, are retired. This was the first application of rate-reduction bond technology in Latin America, an approach frequently used in the US, Canada, Spain, Portugal and other markets, as well as the first application of a Chilean special purpose vehicle for an international securitization.