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Aerial view of the solar power plant. San Pedro III solar PV plant, Chile

Heating up Chile

San Pedro III is part of an ambitious programme to deliver 150MW of solar photovoltaic (PV) power to Chile.

ExpertiseLender's technical advisor


The US$104 million San Pedro III PV project called for the construction and operation of a 30MW PV power plant near the city of Calama in northern Chile's Antofagasta region.


We provided technical due diligence services to the lender, including a review of the suite of contracts and a generation forecast analysis. Our scope of services included a review of the:

  • Technology, solar resource and energy yield
  • Environmental, social and permitting
  • Site assessment
  • Finance model
  • Engineering, procurement, construction
  • Operations and maintenance agreements


Our solar team has a long and successful track record of helping clients develop reliable and efficient large-scale grid-connected PV projects. San Pedro III successfully achieved financial close on time. We continued our role as lender's technical advisor for the construction of the project and the plant is now in full operation.

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