Oruro 50MW photovoltaic power plant

10/2/2016
Project development, Project finance

Announced

10/2/2016


Overview:

  • Oruro 50MW photovoltaic power plant
  • Oruro is a 50MW photovoltaic power plant being built in Bolivia.
  • The country originally attempted launched a tender for the project in 2016 but did not award the contract.
  • In March 2017, the country began a second tender for the project. 
  • The government of Bolivia negotiated $65.5 million in financing from the French Development Agency to finance the project.
  • Additionally, the European Union provided $10 million and ENDE, the national utility company, granted $19.5 million. 

Rani Mehta - Journalist

Jurisdictions:

Bolivia
France

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firm:

Party: French Development Agency (Lender)