Invenergy issues bonds to back 70-MW wind project in Uruguay

Invenergy’s 70 MW Campo Palomas wind project, located in the Salto Department of Uruguay, has issued investment-grade-rated project bonds for approximately $135.8 million in the U.S. Private.

Aug 4 (Renewables Now) – Invenergy Renewables LLC said on Thursday it has issued USD 135.8 million (EUR 114.4m) of green bonds.

Invenergy issues green bond to support Uruguay wind farm US renewables company Invenergy has sold a $135.8 million green bond, in a private placement, to refinance a loan issued last year to fund the construction of a 70MW wind farm in Uruguay. To access this article please sign-in below or register for a free one-month trial.

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Invenergy announced today that its 70-megawatt Campo Palomas wind project, located in the Salto Department of Uruguay, issued investment-grade rated project bonds (Baa3 / Moody’s) for approximately $135.8 million in the US Private Placement Market.

Alan Maine, a Canisteo local and Invenergy’s community rep for the project, runs and holds office hours for Invenergy’s Canisteo office. THE PROJECT. The Canisteo Wind Farm will create jobs and bring even more economic activity to Steuben County and the local communities that host it.

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This PPA is part of Kimberly-Clark’s ambitious and continued dedication to sustainability that dates back to its founding more than 145 years ago. "We are pleased to partner with Invenergy on this project and to support the continued development of renewable energy," said Lisa Morden, Global Head of Sustainability at Kimberly-Clark.

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Invenergy has acquired the in-construction 70MW Campo Palomas wind farm in Uruguay. The US developer said today it had also reached financial close on the Salto project which will feature 35 Vestas V110 2MW turbines. Campo Palomas was bought from a Uruguayan subsidiary of Spanish conglomerate.

Crdit Agricole CIB, a leader in the global Project Bond market, URUGUAY. the $531MM bonds issued in 2016 on the back of a.. related to a 70MW wind farm in the Salto Department in. Invenergy Wind Global.

Back; Sustainable Solutions. La Jacinta Solar is a 50 megawatt alternating current (AC) / 64.8. direct current (DC) solar project, and is Invenergy's second in Uruguay.. The project bond also received a green bond (GB) certification and. including wind, solar, natural gas-fueled power generation and.