ACCIONA has won a tender called by the Instituto Costarricense de Electricidad (ICE) for the purchase of electricity from a 49.5 MW wind farm in Costa Rica.
ACCIONA will design, construct and operate the Chiripa wind park following an investment of $125 million (90 million euros), as well as provide 33 of its 1.5 MW wind turbines. The wind farm is planned for the municipality of Tilaran in northwestern Costa Rica.
The award involves a 20-year power purchase agreement and the materialization of the wind park through the build, operate and transfer formula. Under the agreement, the developer will design, build and operate the wind park for the 20 years of its duration. Once this period is over, the ownership of the facility will be transferred to the ICE.
ACCIONA expects to start construction work on the wind project at the end of 2012 and put it into service toward the end of 2013.