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Costa Rica

Costa Rica

Ex-Im loan paves way for Gamesa 50MW sale

COSTA RICA: Gamesa has won an order to supply turbines with a capacity of 50MW for a wind farm in Costa Rica after the Import Export Bank of America (Ex-Im) agreed a loan for the deal.

The project is to use Gamesa's 2MW turbine
The project is to use Gamesa's 2MW turbine

The Orosi wind farm in the province of Guanacaste will feature G87 2MW turbines made at Gamesa's Pennsylvania factory.

Ex-Im signed off a $61.1 million direct loan to the developer Inversiones Eolicas de Orosi Dos, a subsidiary of the Central American wind company Globeleq Mesoamerica Energy.

The bank said it agreed the loan in order to support American jobs at Pennsylvania factory, which has already seen several rounds of job cuts, with hundreds of positions lost.

David Flitterman, chairman of Gamesa North America said: "The bank has facilitated a number of export projects for Gamesa, including the Orosi project, and continues to work with us to create new opportunities for growth and expansion."

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