Agua Clara Wind Farm
Sector: Wind • Location: Dominican Republic
Source: World Bank Group
The project involves the construction and operation of Agua Clara Wind Farm, a 50-MW wind power plant located in Montecristi. IC Power dr Operations is the project company which is developing the farm. The sponsor behind the project company is Inkia Energy.
This is a greenfield project initiated on BOO modality. The facility was awarded to Inkia by the Government of the Dominican Rebulic under a
- Status
- Prospective
- Sector
- Wind, Government, Power Generation (CCGT), Raw Materials, Water Supply and Storage, Commercial
- Location
- Dominican Republic
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the construction and operation of Agua Clara Wind Farm, a 50-MW wind power plant located in Montecristi. IC Power dr Operations is the project company which is developing the farm. The sponsor behind the project company is Inkia Energy. This is a greenfield project initiated on BOO modality. The facility was awarded to Inkia by the Government of the Dominican Rebulic under a 25-year contract. Project will benefit from a 20-year PPA with the Dominican Republic's Corporation of State-owned Electricity Companies. Total investment in the project is estimated at $110 million and is being funded by debt and equity in 67:33 ratio. Citi Group is administrative agent and lead arranger for the debt financing which totals $73.5 million. The remaining funding of $36.5 million is contributed by the sponsor as equity. Financing closed on March 20, 2018. In April 2019, the wind farm began operations. https://ijglobal.com/data/transaction/41243/agua-clara-wind-farm-50mw https://dominicantoday.com/dr/economy/2017/04/12/multinational-unveils-us100-0m-50mw-wind-farm-at-montecristi/ http://tradecommissioner.gc.ca/dominican-republic-republique-dominicaine/market-facts-faits-sur-le-marche/0001352.aspx?lang=eng https://renewablesnow.com/news/inkia-brings-online-50-mw-of-new-wind-in-dominican-republic-650331/ |
Original sector | Energy |
Budget |
Location
Country | Dominican Republic |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Wind, Government, Power Generation (CCGT), Raw Materials, Water Supply and Storage, Commercial |
Article published date | 2024-05-16 |
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