$160M loan for Uruguayan wind farm

WCN Editorial Team 30 Aug 2016 SOUTH AMERICA ENERGY & UTILITIES

KfW IPEX-Bank and Landesbank Hessen-Thüringen (Helaba) have agreed to provide a $160M loan for the construction of the Peralta wind farm in Uruguay.


The wind farm — located in the municipality of Cuchilla de Peralta in the department of Tacuarembó in central Uruguay — is being built by German wind turbine manufacturer Enercon and will have a total installed capacity of 117.5MW.

Peralta will feature 50 Enercon E-92 wind turbines including a hub height of 108m, a rotor diameter of 92m and an output of 2,350kW per turbine. It will produce enough energy to supply around 150,000 Uruguayan households.

The power produced in the facility will be sold to the national energy supplier Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE), which signed a power purchase agreement for a period of 20 years.

KfW IPEX-Bank management board member Markus Scheer said: “German and European wind technology is in demand internationally. This is a great opportunity — both for manufacturers and the environment. As a bank, we do our part in helping ideas and projects take concrete shape.”

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2020 GlobalData. All rights reserved.