The Inter-American Investment Corporation (IIC), a unit of the IDB, is providing a $200 million loan with a maximum repayment term of nine years to build a 20 sq. kilometer (7.7 sq. mile) wind farm with 30 wind turbines. Argentine oil company YPF said it signed a financing agreement on Wednesday with the Inter-American Development … Continue reading IDB to Finance YPF Wind Farm in Argentina
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Wind energy in Uruguay: IDB approved loans to support two wind power projects
The Inter-American Development Bank (IDB) has approved loans to support two wind energy projects in the South American country. The Colonia Arias and the Valentines wind farms will each receive $72 million from IDB and the projects will have a generation capacity of 70 MW each. The two projects will also receive $36 million … Continue reading Wind energy in Uruguay: IDB approved loans to support two wind power projects
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IDB to finance new wind farm in Uruguay
The Inter-American Development Bank (IDB) has approved a loan of up to $42.2 million from its ordinary capital to help the private sector in Uruguay finance the development, construction, operation and maintenance of a 48.6 MW wind farm and its associated facilities. The Kiyú wind farm will be located in Paraje Barrancas de San Gregorio, in … Continue reading IDB to finance new wind farm in Uruguay
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IDB approves loans to support wind energy projects in Peru
The Inter-American Development Bank (IDB) approved Friday loans of $23.2 million and $44.1 million to the Marcona and Tres Hermanas wind farm projects in the Nazca province, Peru’s southern region of Ica. The loans will provide long-term financing for two of the first commercial-scale wind power projects in Peru, leading to the displacement of an … Continue reading IDB approves loans to support wind energy projects in Peru
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SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America
The debt proceeds will be used in Chile for the construction of a 72.8 MWp (megawatt) solar power plant, to inject energy directly into the Sistema Interconectado del Norte Grande (SING), selling all its production in the spot market (merchant solar). SunEdison, a leading global solar technology manufacturer and provider of solar energy services, today … Continue reading SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America
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IDB approves funding for wind energy project in Uruguay
The Inter-American Development Bank (IDB) has granted a private sector loan of up to $132.6m for Carape I and II wind farms with a total capacity of 90MW in Uruguay. The bank loan, which includes $88.4m from its ordinary capital and $44.2m from the China Co-financing Fund for Latin America and the Caribbean, will partially … Continue reading IDB approves funding for wind energy project in Uruguay
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IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
Pozo Almonte and Calama Photovoltaic Project in the Atacama Desert will supply the country’s mining industry The Inter-American Development Bank (IDB) approved a loan package for $41.4 million to private sector firms for the construction, operation, and maintenance of three photovoltaic solar power plants in the Atacama Desert in northern Chile. The financing consists of a … Continue reading IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile
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Uruguay to expand wind energy with IDB support $107.7 million in loans
The Inter-American Development Bank (IDB) has approved two loans totaling $107.7 million to finance the construction of the El Libertador and Palmatir wind farms in Uruguay. The IDB financing will contribute to diversifying Uruguay’s energy matrix and reducing its dependence on hydroelectric generation which, during the dry season, forces the country to boost electricity generation … Continue reading Uruguay to expand wind energy with IDB support $107.7 million in loans
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IDB approves $76 million loan to finance 74-MW wind farm in Mexico’s Oaxaca
Oaxaca’s wind power industry development began in the 1990s but is only now approaching its real potential. By the end of 2012, wind-based installed capacity in the state will reach around 1.5 GW. With this latest loan, the IDB has approved more than $240 million in financing for wind farms in Oaxaca since 2009. The … Continue reading IDB approves $76 million loan to finance 74-MW wind farm in Mexico’s Oaxaca
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