Gamesa snares Costa Rican job
Globeleq subsidiary bags $61m Ex-Im Bank loan for turbines made in Pennsylvania
Gamesa is to supply turbines manufactured in Pennsylvania to a 50MW wind farm in Costa Rica after a subsidiary of Globeleq Mesoamerica Energy clinched a $61.1m loan from the Export-Import Bank of the United States.
The facility for Eolicas de Orosi Dos, which is developing a project in the province of Guanacaste, is the bank’s first wind transaction in Costa Rica and its fourth utility-scale wind project.
“We at Ex-Im Bank continue to support renewable energy projects that improve our environment and showcase American innovation,” said Ex-Im Bank chairman Fred P Hochberg.
“Our financing will help Gamesa expand its export of renewable energy technology and in the process support US jobs throughout the wind industry.”
Gamesa will produce the turbines at its Fairless Hills facility, where the deal is expected to support some 200 jobs.
Gamesa North America chairman David Flitterman said: “With its competitive rates and expertise, Ex-Im Bank is opening up new markets and opportunities for US-manufactured goods and that's increasing investments at home and sustaining American jobs across the supply chain.”
Image: the Ex-Im Bank loan clears the way for turbine exports (Gamesa)