The OPIC Blog

OPIC Board approves renewable energy, hospital projects at latest board meeting

OPIC’s Board of Directors met June 13 and approved the following projects:

  • Financing to support the construction of two solar power plants in Chile’s Atacama Desert, by Amanecer SpA and San Andres SpA of Chile, together with the U.S. project sponsor, SunEdison Inc. of St. Peters, Missouri. The projects will help Chile diversify its energy sources beyond hydro, gas and coal and supports a 2008 initiative by the government of Chile to foster the development of more renewable sources of energy. Additional approvals are pending.
  • Financing of up to $96 million for the construction of a 50 megawatt wind farm in northeastern Uruguay by Estrellada SA, the Uruguayan subsidiary Juwi AG; and Nordex USA Inc.  The planned wind farm will use wind turbines manufactured in the U.S., and will help the country diversify away from hydroelectric power and fossil fuels.
  • Financing of up to $250 million to a new academic health sciences center in Malaysia that includes The Johns Hopkins University for the country’s first fully-integrated private medical school, teaching hospital and research center.

Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

Focus on Impact Award Winner: BMR Energy, LLC

OPIC’s work to help address the world’s most critical development challenges takes many shapes. But one of the key ways...

OPIC Impact Awards celebrates all the ways our partners advance development

By Judith Pryor OPIC Vice President, Office of External Affairs Last week, I had the honor of serving as MC...

OPIC Impact Awards: A recap in photos

OPIC honored seven partners for excellence in development at the 2016 OPIC Impact Awards July 7. Here’s a look at...