Solarpack, a Spanish company that develops solar projects, has raised a total of $104 million (~Rs.6.7 billion) for nine PV projects in Chile and India. A group of Chilean banks funded three of the company’s Chilean distributed generation projects for $35 million (~Rs.2.25 billion). An Indian financial entity has financed six projects in India for $69 million (~Rs.4.43 billion). The total capacity of the projects is 135.5 MW.