The Palmatir wind farm will be developed by Spanish developer Abengoa in Tacuarembó. Palmatir will get a $41.7 million loan for the construction and installation of 25 Gamesa turbines.
The combined power generation capacity of the projects will be 115MW and they are expected to avoid the emission of about 302,000 metric tons of carbon dioxide a year.
Uruguay has 2.6GW of power generation capacity. Around 7% of this comes from biomass and wind energy combined.