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US jobs created by wind-power project in Honduras

Thursday, March 14, 2013

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $28.6 million direct loan to a high-tech wind power company in Honduras.

The loan will enable 200 workers in six US states to assemble 12 high-tech wind turbines for export. The cost of those jobs works out to $143,000 per job created.

According to the Ex-Im Bank, the transaction will help to expand a project first supported by the bank in 2010, when its long-term financing of 51 U.S.-built turbine generators established the Cerro de Hula Wind Farm in Santa Ana, Honduras.

Source: CNS