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Tres Hermanas Wind Farm

Sector: Wind • Location: Peru

Source: World Bank Group

Project
Active

The Spanish company Cobra/Grupo ACS announced the development of the 90-MW wind power plant located at the municipality of Marcona, province of Nazca.

The project won a tender by the regularoty agency Osinergmin for supplying power under a 20 year PPA at the agreed price of power of USD 69/MWh.

The special purpose company Parque Eólico Tres Hermanas S.A.C. was created to manage the Project. Th

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The project “Tres Hermanas Wind Farm” is an infrastructure initiative in the Wind sector, located in Peru. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The Spanish company Cobra/Grupo ACS announced the development of the 90-MW wind power plant located at the municipality of Marcona, province of Nazca. The project won a tender by the regularoty agency Osinergmin for supplying power under a 20 year PPA at the agreed price of power of USD 69/MWh. The special purpose company Parque Eólico Tres Hermanas S.A.C. was created to manage the Project. The licence to build and operate the power plant was granted in July 2014. The investment in the project was estimated at US$ 185.7 million. In September 2014, the IADB approved a US$ 62.4 million loan to the project. On February 2015, financial closure on the project was achieved, when the sponsors were granted na additional US$ 144.4 million 17-year term loan. MLAs were Natixis, DEG, Eximbank of the United States, FMO and Proparco. Commercial operations were expected to commence in July 2015. http://cdm.unfccc.int/filestorage/0/Y/Q/0YQ3J7ZASUFT1IXC6LME4RKD9N8BVH/PDD%20Tres%20Hermanas.pdf?t=dE98bWhnNjVlfDBGPhjcFMx5ooX5pu-Oc9sU

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