Enel Green Gets $300 Million Funding for Chile, Mexico Plans

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Enel Green Power SpA, the clean-energy unit of Italy’s biggest utility, received $300 million from Banco Bilbao Vizcaya Argentaria SA to support its investment plans in Chile and Mexico.

The Spanish bank agreed to provide two $150 million five-year loans to partly cover the company’s investments over the next few years in the countries, Rome-based Enel said in separate statements on its website. The Mexican loan was paid in 2013 and the Chilean facility will be disbursed in the next months, it said.