Ingeneria Seawind Sudamerica, a subsidiary of U.K.-based Seawind Holding, is looking for strategic partners to finance up to 1.2 GW of wind projects with a combined cost of $2.4 billion in Central and South America. “We’re looking to invest up to 20% percent of the project and [fund] the rest from a partner,” says Marcelo Banto, general manager in Santiago. Wind development costs will be roughly $2 million per MW and Seawind aims to secure partners for the equity funding by 2010.
April 14, 2009