ENGIE Energía secures multimillion financing for 296.4 MW Onshore Wind farm in Peru

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ENGIE Energía secures multimillion financing for 296.4 MW Onshore Wind farm in Peru

ENGIE Energía has signed a US$300 million loan agreement with IDB Invest for the financing of the Punta Lomitas Wind Power Project located in Ica, Peru. The financing has a term of 11 years and will be used for the development of the project. 

The wind facility has a fixed capacity of 260 MW and would have an expansion of up to 36.4 MW. The project will consist of 50 turbines SG 5.0-145 wind turbines (7 additional wind turbines for the expanded capacity). The project would reach a total nominal capacity of up to 296.4 MW. 

The energy generated by the facility is transferred to the National Interconnected Electric System (SEIN) through a 60 km electrical transmission line.

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