$185 million earmarked for 40 MW Peruvian solar project


According to a statement released, the funds will enable private equity investment firm, Conduit Capital Partners, to finance the construction and operation of the Tacna and Panamericana solar plants, which are expected to be located in the south of Peru. It added that the generated electricity will be sold to the country’s national grid.

"The Peruvian government, in partnership with the private sector, continues to make great strides in bringing electricity to the majority of its population. This project will enable Peru to take advantage of its great solar potential in order to increase energy access in rural, poorer areas where the need is greatest," stated OPIC president and CEO, Elizabeth Littlefield.

Last year, OPIC said it made $123 million available, again for the construction of two 20 MW solar plants. The project was reportedly named the "2011 Latin American Renewables Deal of the Year" by Euromoney Institutional Investor.

No further details were disclosed and OPIC could not be immediately contacted for further comment.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.