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Daewoo Aysha Wind Farm

Sector: Raw Materials • Location: Ethiopia

Source: World Bank Group

Project
Active

DeWind Energy PPP (a subsidiary of Daewoo) was a partnership set up to build and operate a 300 MW wind farm to be located in Aysha, Ethiopia. The project was designed as a PPP, however the actual structure of the deals were not released.

Contractual details were not released, but it was clear that the project would sell power to the Ethiopian state utility, EEPco. Equipment was supplied by Xinji

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Project Information

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The project “Daewoo Aysha Wind Farm” is an infrastructure initiative in the Raw Materials sector, located in Ethiopia. Taiyo aggregates data on it from World Bank Group.

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Description

Description

DeWind Energy PPP (a subsidiary of Daewoo) was a partnership set up to build and operate a 300 MW wind farm to be located in Aysha, Ethiopia. The project was designed as a PPP, however the actual structure of the deals were not released. Contractual details were not released, but it was clear that the project would sell power to the Ethiopian state utility, EEPco. Equipment was supplied by Xinjiang Goldwind Science & Technology (SHE:002202; HKG:2208), from China. Total project cost of the 60 MW phase 1 of the project was estimated at USD 120 million, but it was unclear as to whether the project had indeed reached financial close. Project commissioning was projected for 2012. http://www.windpowerintelligence.com/article/z6NfazWlXs/2011/08/23/ethiopia_60mw_of_aysha_wind_farm_to_come_online_next_year/

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Source reliability

High

Data quality score

100%

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