Document Type
Article
Publication Date
9-22-2011
Abstract
In 2008, only months before his downfall via a coup, Honduran President Manuel "Mel" Zelaya announced a 100-megawatt, US$269 million wind power project--with debt-financing support worth US$220 million jointly provided by the US Export-Import Bank and the regional Banco Centroamericano de Integración Económica (BCIE). Some 24 km south of Tegucigalpa, the Cerro de Hula wind farm is a project developed by Globeleq Mesoamerica Energy (GME)--a financial-services firm in Central America better known as Mesoamerica Energy, a subsidiary of the UK-based Globeleq--focused on developing, building, and operating renewable-energy projects throughout the region. GME's first transaction in the region was the acquisition, in 2004, of Plantas Eólicas SRL (Pesrl), a 23 MW wind farm in operation in Costa Rica. Its present projects, generating hundreds of megawatts, now include the Cerro de Hula wind-farm project.
Language
English
Recommended Citation
Rodríguez, George. "After Kickoff by Former President Mel Zelaya in 2008, Honduran President Lobo Lays Cornerstone for Wind Farm to Start Generating in 2012." (2011). https://digitalrepository.unm.edu/la_energy_notien/67
