Inveravante Bani Wind Farm
Sector: Raw Materials • Location: Dominican Republic
Source: World Bank Group
Grupo Eolico Dominicano was created in order to build, own and operate a 34 MW wind farm located in Bani, Peravia province, west Santo Domingo. Vestas Systems A.S. was contracted to supply 17 of its 2 MW turbines to the project. Grupo Eolico Dominicano was majority owned by the Spanish firm Inveravante.
At the time of financial close, the project had signed a 20 year PPA with the state-owned u
- Status
- Prospective
- Sector
- Raw Materials, Wind, Power Transmission, Government, Power Generation (CCGT), Commercial
- Location
- Dominican Republic
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Grupo Eolico Dominicano was created in order to build, own and operate a 34 MW wind farm located in Bani, Peravia province, west Santo Domingo. Vestas Systems A.S. was contracted to supply 17 of its 2 MW turbines to the project. Grupo Eolico Dominicano was majority owned by the Spanish firm Inveravante. At the time of financial close, the project had signed a 20 year PPA with the state-owned utility CDEE. The power was to be bought by the CDEEE based on the price formula stipulated in Law 57-07 on Incentive to the Development of Renewable Energy Sources and Special Regimes. Total required investment was USD 76 million,. Financial close was achieved in July 2011, with the Inter-American Development Bank providing USD 26.7 million in loans for the project. As of financial close, the project's EIA had been approved and commissioning was scheduled for 2013. |
Original sector | Energy |
Budget |
Location
Country | Dominican Republic |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Raw Materials, Wind, Power Transmission, Government, Power Generation (CCGT), Commercial |
Article published date | 2024-09-27 |
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