Tag Archives: Inter-American Development Bank

Wind energy in Uruguay: IDB approved loans to support two wind power projects

The Inter-American Development Bank (IDB) has approved loans to support two wind energy projects in the South American country.   The Colonia Arias and the Valentines wind farms will each receive $72 million from IDB and the projects will have a generation capacity of 70 MW each. The two projects will also receive $36 million … Continue reading Wind energy in Uruguay: IDB approved loans to support two wind power projects

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Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank

The financing is IDB’s first financing of a solar PV project in Uruguay and its largest to date for a solar PV project. Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank (IDB) to build a solar PV farm, La Jacinta, in Uruguay. It is IDB’s first … Continue reading Fotowatio Renewable Ventures (FRV) announced today the closing of an $81.9 million loan with Inter-American Development Bank

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IDB to finance new wind farm in Uruguay

The Inter-American Development Bank (IDB) has approved a loan of up to $42.2 million from its ordinary capital to help the private sector in Uruguay finance the development, construction, operation and maintenance of a 48.6 MW wind farm and its associated facilities.   The Kiyú wind farm will be located in Paraje Barrancas de San Gregorio, in … Continue reading IDB to finance new wind farm in Uruguay

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IDB approves loans to support wind energy projects in Peru

The Inter-American Development Bank (IDB) approved Friday loans of $23.2 million and $44.1 million to the Marcona and Tres Hermanas wind farm projects in the Nazca province, Peru’s southern region of Ica. The loans will provide long-term financing for two of the first commercial-scale wind power projects in Peru, leading to the displacement of an … Continue reading IDB approves loans to support wind energy projects in Peru

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IDB approves funding for wind energy project in Uruguay

The Inter-American Development Bank (IDB) has granted a private sector loan of up to $132.6m for Carape I and II wind farms with a total capacity of 90MW in Uruguay. The bank loan, which includes $88.4m from its ordinary capital and $44.2m from the China Co-financing Fund for Latin America and the Caribbean, will partially … Continue reading IDB approves funding for wind energy project in Uruguay

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IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile

Pozo Almonte and Calama Photovoltaic Project in the Atacama Desert will supply the country’s mining industry The Inter-American Development Bank (IDB) approved a loan package for $41.4 million to private sector firms for the construction, operation, and maintenance of three photovoltaic solar power plants in the Atacama Desert in northern Chile. The financing consists of a … Continue reading IDB to Finance Three Private-sector Photovoltaic Solar Energy Projects in Chile

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IDB approves $76 million loan to finance 74-MW wind farm in Mexico’s Oaxaca

Oaxaca’s wind power industry development began in the 1990s but is only now approaching its real potential. By the end of 2012, wind-based installed capacity in the state will reach around 1.5 GW. With this latest loan, the IDB has approved more than $240 million in financing for wind farms in Oaxaca since 2009. The … Continue reading IDB approves $76 million loan to finance 74-MW wind farm in Mexico’s Oaxaca

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