- Published: 24 January 2014 24 January 2014
The Orosí wind project, owned by Globeleq Mesoamerica Energy (GME) has secured US$ 109 million in debt financing.
The project debt financing is provided by The Netherlands Development Finance Company (FMO)with US$ 28 million, The Export-Import bank of the United States (US EXIM)with US$ 61.1 million and Banco Internacional de Costa Rica (BICSA)with US$ 20 million. Orosí is located in the Guanacaste Province of Costa Rica, 40 kilometers from the city of Liberia. The project will install 25 x 2.0 MW Gamesa G87S wind turbines. The electricity will be sold under a 20-year PPA with the Costa Rican off-taker ICE. Orosí will also construct a new substation and interconnection lines to enable connection to the national grid.