$ 209 Million for Cerro de Hula Wind Project

©image: Mafalda Moreira Santos

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). Globeleq Generation Limited (Globeleq), majority owner of ERM, is a company with experience in operation of energy projects, working actively in developing solutions for emerging markets in Africa, America and Asia. The company invests in sustainable projects which supports continued development of the power sector in these regions.

Source: Central American Bank for Economic Integration

More on this topic

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).

Cerro de Hula Wind Project Construction Begins

December 2010

With a $ 250 million investment the wind farm equipped with 51 auto generators will produce 100MW.

The Project is a consortium made up by Gamesa and Iberdrola Engineering and Construction.

"The sustainability of this project comes from the energy purchase contract (PPA), which is for a period of twenty years with the National Electricity Company (ENEE)." Reports Elheraldo.hn.

$159 Million for Wind Farm in Honduras

August 2010

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.

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

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.