FERRERE advised a German based wind turbines manufacturer, ENERCON GMBH, through its subsidiary Agua Leguas S.A. (whose shareholders are ENERCON and EAB NEW ENERGY GMBH), to obtain the financing of 100 MW Peralta wind farm consisting of the Peralta I and Peralta II wind farms located in Tacuarembó, Uruguay.

As background, in 2010 Agua Leguas was awarded two PPAs by the Uruguayan state-owned power company. As a result, in 2015 Agua Leguas completed the construction of the aforementioned wind farms and started providing energy to the national grid, being the first renewable energy project in which financing took place after construction works were completed.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.