Eurus buys Uruguay wind stake
Japanese renewables developer Eurus Energy is making its first foray into the South American wind market via a minority share in a 42MW project in Uruguay.
Tokyo-based Eurus will buy 43.5% of the wind farm, leaving France’s Akuo Energy, which itself bought the whole project from original developer Sowitec, with the remainder.
Vestas is supplying 14 of its 3MW turbines for the wind farm in Minas, Lavalleja department.
Construction started last March and operating company Generacion Eolica Minas is scheduled to start running the plant from January.
Eurus is a joint venture between Tokyo Electric Power Co (TEPCO) and Toyota Group trading unit Toyota Tsusho.
It has already built up significant wind interests in North America, most recently by taking a 40% share in EDF Renewable Energy’s 101MW Spearville 3 wind project in Kansas.
Eurus said in July that it may build up to 200MW of solar projects throughout Japan by the end of the current financial year.
Note: Amends earlier version to clarify role of Sowitec