U.S. loan helps export wind turbines to Honduras

Markets

Wednesday, March 06, 2013

A U.S. Export-Import Bank direct loan in the amount of $28.6 million will allow Gamesa Wind US, based in Trevose, Pa., to assemble 12 wind turbines for export to a Honduran power company. The transaction helps 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 municipality, 22 kilometers south of Tegucigalpa, the capital of Honduras. The project developer and ...

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