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    Engie Energia Peru Completes Project Financing of USD300 Million for Punta Lomitas Wind Power Plant in Ica, Peru


    August 17, 2022 - Marketline - Deals

     

      Deal In Brief

      Engie Energia Peru, an electricity generation company, has completed project financing of USD300 million for the construction and development of Punta Lomitas Wind Power Plant in Ica, Peru. The total installed capacity of the wind project will be 296.4 MW. The financing is for a term of 11 years. The project financing was provided by IDB Invest. The Punta Lomitas Wind Power Plant Project consists of the construction of a wind farm with a nominal capacity of 260 MW (50 wind turbines) and would have an expansion of up to 36.4 MW (7 additional wind turbines), as well as an electrical transmission line of 60 kilometers that will connect the plant with the National Interconnected Electric System (SEIN).

      Deal Value (US$ Million) 300
      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Completed: 2022-08-10

      Deal Participants

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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