Construction News

Sat April 20 2024

Related Information

Mott MacDonald team closes funding for $117m Uruguay windfarm

13 Jan 15 Financial close has been reached on the US$117m (£77m) Talas de Maciel I onshore wind farm, which is being developed in Uruguay by Astidey.

Mott MacDonald was lenders’ technical advisor to the Export-Import Bank of the United States and Banco Bilbao Vizcaya Argentaria Uruguay for the project and is now providing construction monitoring services in an ongoing role.

The 50MW wind farm, which is located 150km north west of Montevideo, will comprise 25 Gamesa G97 wind turbines.

Ivan Chindurza, Mott MacDonald’s project manager, said: “Uruguay has a population of 3.4 million and no oil, gas or coal reserves. Wind power is helping to solve a major energy problem for the country and so far power purchase agreements for over 1000MW of wind energy projects have been approved by the government.”

The Talas de Maciel I wind farm is scheduled for commercial operation late this year.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »