Wind Farm Financing Almost Complete

Project developers expect to close the debt financing supporting the construction of a wind farm in Honduras by year-end.

An industry sources tells Green Energy Reporter that the U.S. Export-Import Bank (Ex-Im) and the Central American Bank for Economic Integration (CABEI) are expected to close a $220 million debt financing supporting the construction of the 102-megawatt Cerro de Hula wind farm in Honduras by year-end. The wind facility is expected to cost roughly $290 million to build.

Of the $220 million Ex-Im will provide an 18-year, $160 million tranche and CABEI a 15-year, $60 million facility. Project developer Mesoamerica Energy is financing the balance with a $70 million equity financing…continue Green Investing article here..


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