By 2015, around one third of Chilean banks were actively involved in financing renewables, including solar PV, wind and small hydro power projects (OECD, 2016). The increasing engagement of the Chilean domestic financial market shows the important role that development co-operation can play in building domestic investor confidence in the Chilean renewable energy sector, and improving the industry’s access to finance (OECD Development Centre, 2018). In addition, a banking consortium, advised by Milbank, and including Bank of Tokyo-Mitsubishi UFJ, Credit Agricole and Sumitomo Mitsui Banking Corporation, provided a 15-year loan and a letter of credit facility.