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Valle Solar

Sector: Solar • Location: Honduras

Source: World Bank Group

Project
Active

The project developed by Compania Hondurena de Energia Solar envisaged the construction and operation of a 70 MW photovoltaic power plant at Nacaome. The sponsor had secured a 20-year Power Purchase Agreement with state-owned utility Empresa Nacional de Energía Eléctrica (ENEE).

Compania Hondurena de Energia Solar was established as a wholly-owned subsidiary of Inversiones y Representaciones Elec

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The project “Valle Solar” is an infrastructure initiative in the Solar sector, located in Honduras. Taiyo aggregates data on it from World Bank Group.

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Participants

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active

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Description

Description

The project developed by Compania Hondurena de Energia Solar envisaged the construction and operation of a 70 MW photovoltaic power plant at Nacaome. The sponsor had secured a 20-year Power Purchase Agreement with state-owned utility Empresa Nacional de Energía Eléctrica (ENEE). Compania Hondurena de Energia Solar was established as a wholly-owned subsidiary of Inversiones y Representaciones Electromecánicas, S.A. de C.V. (IRESA). The investment was estimated at US$ 120 million. In January 2015, the IFC approved a US$ 30.75 million financing package (US$ 0.75 risk management; US$ 30 million loan). In addition, the Austrian development bank OEEB also approved a 25 million loan. The remaining costs were equity financed.

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Source

Source reliability

High

Data quality score

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Source

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URL

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