Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMEM to oversee construction of 50-MW Pakistani wind farm
Wind farm in Pakistan. Author: Muzaffar Bukhari. License: Creative Commons, Attribution-ShareAlike 2.0 Generic
June 13 (Renewables Now) - Modern Energy Management (MEM) said today it has been contracted to provide project management services during the construction of the 50-MW Hawa wind farm in Pakistan.
The Thai project management firm is working on the wind farm with Canadian renewable energy company JCM Power. MEM advised JCM Power on investing in the Pakistani wind market, identified the Hawa project, conducted initial due diligence and helped the investor de-risk the project after financial close.
The wind farm, to be located in the Sindh Valley, will use GE wind turbines and is expected to start generating power in February 2018. Construction will be managed by HDEC, a subsidiary of PowerChina, MEM said.
According to the firm Pakistan has a pipeline of more than 1 GW of wind projects planned for installation by 2018.
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