- Published: 31 August 2016 31 August 2016
Akuo Energy has announces that its has completed the entire financing of its Florida II 50MW wind farm project in Uruguay with KfW IPEX-Bank and EKF for the senior debt and Eurus as its partner in the equity for the project.
Florida II will be the third asset to be built and operated by Akuo Energy in Uruguay and its second partnering with Eurus on the equity and KfWIPEX-Bank and EKF on the debt. The electricity generated by Florida II will be directly purchased by UTE, Uruguay’s state-owned grid operator, within the framework of a 20-year power purchase contract. Florida II will be equipped with 15 Vestas V117 turbines with a nominal capacity of 3.3MW each.