Ecuador calls private investors for the construction of electrical projects with non-conventional renewable energy such as solar and wind energy.
On July 30, 2019, the promotion stage of the 200 MW El Aromo photovoltaic plant in Manabi and the 110 MW Villonaco II and III wind farm in Loja began. In total, the projects will be able to offset some 128,000 tonnes and 219,870 tonnes of carbon dioxide (CO2) emissions, respectively. Both require an investment of US$400 million.
The private company will invest, build, and operate the project for a certain number of years and will finally return the project already built to the State.
On August 28, 2019, the public tender will be officially called for companies to make their technical and economic offers within 40 days.
Country updates
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November 29, 2017
Corporacion Electrica del Ecuador has asked Deshydro, Lombardi-Andina, Geodinamica and Technoproject to perform technical, environmental, economic and social impact assessments for the project
Corporacion Electrica del Ecuador has asked Deshydro, Lombardi-Andina, Geodinamica and Technoproject to perform technical, environmental, economic and social impact assessments for the project.
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March 17, 2017
IFC Global Infrastructure Fund invest in I Squared Capital LATAM energy platform
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul E...
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February 24, 2017
IIC finances Hidronormandia run-of-river plant
The Inter-American Investment Corporation (IIC) has signed a US$78 million financing package with Hidronormandia S.A. to support the construction and operation of a run-of-the-river hydropower plant a...
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January 04, 2017
Duke Energy has completed the sale of its Brazilian hydro plants to China Three Gorges Corp
Duke Energy has completed the sale of its Brazilian hydro plants to China Three Gorges Corp. for US$947 million for 99% of the share capital in the company with voting rights
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October 14, 2016
Duke Energy completes exit of international business in deals valued at $2.4 billion
Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador,Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise va...
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