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Publish Date : 10-Dec-2012

Two loans were approved by Inter-American Development Bank (IDB) which is totaled to $108 million to finance the construction of two wind farms in Uruguay.

Impsa subsidiary WPE will be developing the El Libertador wind farm and thus the project will be receiving an $66 million loan from the IDB for the project\'s construction and for the installation of 44 Vensys Impsa wind turbines.

Spanish developer Abengoa in Tacuarembó will be developing Palmatir wind farm, along with receiving 1.7 million loan for the construction and installation of 25 Gamesa turbines.

115MW will be the capacity of the ombined power generation capacity and thus they are expected to avoid the emission of about 302,000 metric tons of carbon dioxide a year.

Possessing 2.6GW of power generation capacity, Uruguay has % of this comes from biomass and wind energy combined.

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