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Honduras: money blowing in the wind

Wednesday, January 19, 2011











The Government of Honduras is starting work on the  Cerro de Hula wind-farm project, valued at more than $200 million.

Civil works should be complete by the first half of the year, mainly roads and electrical substations. These will be carried out by a Spanish consortium consisting of the turbine maker Gamesa, and its partner Iberdrola Electricity.

The project belongs to Britain's Globeleq, along with the region's Mesoamerica Energy Company, which owns and operates a 23 MW wind-power plant inTilarán, Costa Rica.

Funding will come from the Export-Import Bank of the United States, and the Central American Bank for Economic Integration. The project will generate 100 MW of clean energy.


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