in News Departments > Projects & Contracts
print the content item

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $73.6 million direct loan to Palmatir SA, a 50 MW wind farm in Cuchilla de Peralta, Uruguay, that is owned by Abengoa.

The loan is Ex-Im Bank's first wind energy transaction in Uruguay, and it is the largest in the country's history from the bank. The loan will support the purchase of 25 wind turbines from Gamesa Technology Corp. and will help to finance ancillary services and local costs in Uruguay associated with the construction of the wind farm, which will feature Gamesa's G90-2.0 MW turbines.



Trachte Inc._id1770
Latest Top Stories

Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.

Navigant_id1983
Renewable NRG_id1934