Siemens Financial Services (SFS) announced its funding of the Pecasa project, a large wind farm, a first for the company in the Caribbean region.
The Pecasa wind plant located in Montecristi, in Dominican Republic, is in operation since May 2019. With its 25 wind turbines of 2 MW each, the plant has a total of 50 MW power capacity. Pecasa is known as one of the largest wind farms in the Dominican Republic.
The wind farm is majority-owned by Akuo alongside Siemens Financial Services. The plant also received funding from International Finance Corporation (IFC), a member of the World Bank Group, along with support from the Canadian government within the framework of the IFC-Canada Climate Change Program, which aims to support the transition of developing countries to low-carbon economies, alongside Proparco, DEG and FMO.
Developed by French company, Akuo...
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