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


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

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