in News Departments > New & Noteworthy
print the content item

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $28.6 million direct loan to Energia Eolica de Honduras S.A.

The transaction helps expand a wind farm the Ex-Im Bank first supported in 2010, when it financed 51 Gamesa-built turbine generators for the 126 MW Cerro de Hula Wind Farm, located in Honduras.

With the additions from this transaction, the wind farm will have 63 wind turbines and a total installed capacity of 126 MW.

The Ex-Im Bank notes that Gamesa will manufacture and export six G87 and six G-97 2 MW turbines.

"While the U.S. wind industry slowly is recovering after late renewal of the U.S. production tax credit in January, thanks to Ex-Im Bank, these export projects are creating new business opportunities in emerging markets and are supporting good-paying jobs throughout the entire supply chain," says David Flitterman, Gamesa's North American chairman.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Canwea_id1984
Hybrid Energy Innovations 2015
Renewable NRG_id1934