What is the latest status of the project “Gamesa PECASA Wind Farm”?

The status recorded for “Gamesa PECASA Wind Farm” is Active.

Who are the main government, EPC, and private stakeholders for “Gamesa PECASA Wind Farm”?

Taiyo maps the stakeholders of “Gamesa PECASA Wind Farm”: government bodies (World Bank Group), banks/investors (Grupo BHD).

What is the budget and commercial profile for the project “Gamesa PECASA Wind Farm”?

Taiyo normalizes the budget of “Gamesa PECASA Wind Farm” to USD 126700000.

Where can I verify the source and access all details for “Gamesa PECASA Wind Farm”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/gamesa-pecasa-wind-farm-6652). Taiyo standardizes official data into a consistent, searchable project profile.

Gamesa PECASA Wind Farm

Sector: Commercial • Location: Dominican Republic

Source: World Bank Group

Project

Active

Parques Eolicos del Caribe S.A. was created to build, own and operate a 50 MW wind project to be located in Montecristi Province, the Domincan Republic. The project would consist of 25 2 MW turbines manufactured by the Spanish company Gamesa. The project company was a venture between Gamesa (57% ownership), the Dominican Bank Grupo BHD (29%), and other Dominican investors.

At the time of fin

Status: Prospective
Sector: Commercial, Power Generation (CCGT), Wind, Raw Materials, Power Transmission, Government, Manufacturing (Industrial)
Location: Dominican Republic
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Gamesa PECASA Wind Farm” is an infrastructure initiative in the Commercial sector, located in Dominican Republic. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Parques Eolicos del Caribe S.A. was created to build, own and operate a 50 MW wind project to be located in Montecristi Province, the Domincan Republic. The project would consist of 25 2 MW turbines manufactured by the Spanish company Gamesa. The project company was a venture between Gamesa (57% ownership), the Dominican Bank Grupo BHD (29%), and other Dominican investors. At the time of financial close, the project had signed a 20 year PPA with the state-owned utility CDEE. The projected total investment for the project was USD 126.7 million. In July 2011 the project reached financial close, with the Inter-American Development Bank and the European Investment Bank providing USD 50.7 million and USD 45 million in loan financing, respectively. As of financial close, the project's EIA had been approved and commissioning was scheduled for 2013. http://www.eib.org/projects/pipeline/2010/20100680.htm http://www.iadb.org/en/projects/project,1303.html?id=DR-L1051
Original sector	Energy
Budget

Location

Country

Dominican Republic

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Power Generation (CCGT), Wind, Raw Materials, Power Transmission, Government, Manufacturing (Industrial)
Article published date	2024-09-21

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Gamesa PECASA Wind Farm

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