The Inter-American Development Bank (IDB) has announced the approval of loans of US$ 23.2 million and US$ 44.1 million to the Marcona (32MW) and Tres Hermanas (90MW) wind farm projects in the department of Nazca, south of Lima.
The loans will provide long-term financing for two of the first commercial-scale wind power projects in Peru. Construction on the Marcona farm and associated facilities was completed in March of this year. Work on the Tres Hermanas site began in July and is expected to be completed in September 2015.