EDF, Ibereolica start building Chilean wind park, Gamesa confirms order
Source: Gamesa. License: All Rights Reserved.
France’s EDF Energies Nouvelles (EDF EN) and Spanish renewables group Ibereolica have achieved financial close for their equally-owned 115-MW Cabo Leones I wind project in northcentral Chile.
The renewables arm of French power producer EDF (EPA:EDF) announced the news on Thursday, saying that construction work on the coast in the Atacama region is just beginning and that the wind farm is expected to enter into service in mid-2017.
Quoting informed sources, Reuters reported last month that the two developers have closed financing for the project with Japan's SMBC, Credit Agricole and Norway's DNB. EDF EN did not give details about the financing in its statement.
In a separate press release on Friday, Spain’s Gamesa (BME:GAM) confirmed it has received a contract from EDF EN Chile and Ibereolica for the supply, installation and commissioning of 55 units of its G114-2.1 MW turbines for the Cabo Leones I project.
The company expects to deliver the machines by the end of the first half of 2017. It will also provide operations and maintenance (O&M) services at the site for a period of 20 years.