$159 Million for Wind Farm in Honduras

The US Ex-Im Bank has approved a $159 million loan to the Honduran wind power company, Energía Eólica de Honduras S.A., to purchase 51 2MW turbines.

Monday, August 23, 2010


©image: Gamesa

The 51 Gamesa G-87 wind energy turbines are for the Cerro de Hula project that seeks to provide 102MW of renewable clean energy.

The project is located 20km south of the Honduran capital, Tegucigalpa, in the municipalities of Santa Ana and San Buenaventura. When complete, the wind farm will contribute approximately 6% twoward the country's total energy consumption. It is being developed by Mesoamerica Energy, a division of Globeleq Holdings.

The investment is funded by the Export-Import Bank of the United States (Ex-Im Bank).

More on this topic

$ 209 Million for Cerro de Hula Wind Project

November 2010

The BCIE and the EX-IM Bank signed a loan in favor of Energía Eólica de Honduras.

The resources will be invested in the Cerro de Hula Wind Project, which will generate 102 MW and is located in the Department of Francisco Morazan, Honduras.

The project developer will be EEHSA, a subsidiary of Mesoamerica, SA (ERM).

Honduras: Wind Farm Ready in August

April 2011

The turbines of the Cerro de Hula wind power project will soon be tested for the first time.

The project is the fourth largest in Honduras and is expected to supply 6% of the country's energy needs by the end of the year. It is scheduled to begin in the coming months.

The first tests will be carried out in August and depending on the results, the wind farm could be operational at full capacity by December.

Wind Farm in Cerro de Hula Moves Forward

November 2010

Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.

The majority-owned subsidiary of Globeleq, Mesoamerica SA Renewable Energy (Known as Mesoamerica Energy), leader in development of wind projects in Central America, has been developing the 102 MW wind power project through its own local entity Wind Energy Honduras SA (EEHSA).

Honduras: 102MW Wind Farm Contract Awarded

August 2010

A consortium formed by Gamesa and Iberdrola has been awarded the Cerro de Hula wind farm construction project.

Gamesa makes up 76% of the consortium and Iberdrola Engineering and Construction the remaining 24%. The project is for Mesoamérica Energy, a renewable energy company, via its local Honduran subsidiary, Energía Eólica.


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