Vestas wins 42MW V112 Uruguay order

URUGUAY: Vestas has received a 42MW order from French developer Akuo Energy for a project in Uruguay.

The order is for 14 V112 3MW turbines to be installed on the Minas wind farm. Delivery is set for Q3 2013. It is the first time Vestas has installed V112 turbines in Uruguay.

Vestas chief sales officer Juan Araluce said: "At Akuo Energy we are always looking for the best technological solutions based on the resources available and specific local requirements of each particular project and we chose Vestas to provide us with its technologically advanced wind generating solutions for cost-effective wind power plants."

Last month, The Inter-American Development Bank (IDB) approved two loans totalling $108 million to finance the construction of two wind farms in Uruguay.

The El Libertador wind farm will be developed by Impsa subsidiary WPE. The project will receive a $66 million loan from the IDB for the project's construction and for the installation of 44 Vensys Impsa wind turbines.

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.