Abengoa to build 70 MW wind farm for Uruguay's UTE - report
Sep 12, 2013 - Spanish renewables and engineering company Abengoa (MCE:ABG), through its subsidiary Teyma, has won a 20-year contract to build and operate a 70 MW wind farm in Uruguay's Salto department for state-owned power utility UTE, Uruguayan daily El Observador reported.
UTE will pay USD 61 (EUR 45.9) per MWh and will have an option to buy the plant once the contract expires.
By the end of 2013, the utility plans to award three additional wind projects of combined 280 MW.
Teyma is already building a 50 MW wind farm in Uruguay, in Tacuarembo department, due to start operations by early 2014. Additionally, the Spanish firm is waiting for permit to build a similar plant in Flores.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.