The
turbine
maker
won
the
20-year
contract
for
the
16.5MW
Villonaco
project
at
a
tender
held
for
Chinese
companies
last
year
through
Ecuador’s
electricity
company,
Celec.
It
is
likely
to
be
financed
as
part
of
a
$2bn
Chinese
loan
for
a
package
of
energy
projects,
but
mystery
surrounds
the
wind
farm
contract.
China
has
become
the
largest
source
of
financing
to
Ecuador
since
it
defaulted
on
its
global
bonds
in
2008.
Beijing
has
lent
the
country
almost
$7bn
since
2009,
including
$1.7bn
to
finance
85%
of
the
huge
Coca
Codo
Sinclair
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