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Tilawind Wind Power Plant

Sector: Wind • Location: Costa Rica

Source: World Bank Group

Project
Active

Costa Rican companies New Tessela and Gruman Energy announced the development of the 21-MW wind power located at Tilaran, province of Guanacaste. The power plant was named Central Eolica Tilawind.

In 2012, Tilawind Corporation signed a 20-year power purchase agrément with the Costa Rican utility ICE after taking part in a competitive bidding. The company winning offer was a rate of US$ 86/MWh.

T

Status
Prospective
Sector
Wind, Power Generation (CCGT), Government, Power Transmission, Commercial
Location
Costa Rica
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Tilawind Wind Power Plant” is an infrastructure initiative in the Wind sector, located in Costa Rica. 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

Costa Rican companies New Tessela and Gruman Energy announced the development of the 21-MW wind power located at Tilaran, province of Guanacaste. The power plant was named Central Eolica Tilawind. In 2012, Tilawind Corporation signed a 20-year power purchase agrément with the Costa Rican utility ICE after taking part in a competitive bidding. The company winning offer was a rate of US$ 86/MWh. The sponsors created the special purpose company Tilawind Corporation. Information on the investment amount was not available. In 2014, the state-owned bank Banco Nacional granted a US$ 40 million for the project. In February 2014, Tilawind Corporation had signed an equipment supply contract with Vestas. Construction works started in 2014, and operations were expected to commence in the second semestre of 2015. Changed investment year back to 2014.

Original sector

Energy

Budget

Location

Country

Costa Rica

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Wind, Power Generation (CCGT), Government, Power Transmission, Commercial

Article published date

2024-09-19

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