IDB, China Fund to Provide $133 Million for Uruguay Wind Project
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The Inter-American Development Bank and a Chinese government fund will provide $132.6 million for two wind farms in Uruguay’s southern Maldonado region.
The Carape I & II wind farms will have a total 90 megawatts of capacity and include 31 turbines from Denmark’s Vestas Wind Systems A/S, the IDB, as the Washington-based lender is known, said today in a statement. They will be developed by Argentina’s Corp. America SA and Spain’s Grupo Empresarial San Jose.