|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Uruguay

Funding for Uruguay’s Biggest Wind Farm to Come from German Banks, Trust

MONTEVIDEO – Uruguay’s biggest wind farm, to be located in the north-central province of Tacuarembo, will be built at a total investment cost of $321 million, 70 percent of which will come from German bank loans and the rest from a newly created trust.

The Pampa Wind Farm is to be built in 16 months and will consist of 59 2.4 MW turbines, bringing the facility’s total installed capacity to 141.6 MW, the Uruguayan president’s office said Friday.

Also Friday, the UTE state-owned electric utility unveiled the Pampa Financial Trust, a structure created for the wind farm’s development that will cover the remaining 30 percent of the cost through the sale of participation certificates.

The construction phase of the project can begin because it has already received the necessary environmental permits, said the chairman of UTE’s board, Gonzalo Casaravilla.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved