$150 Million Ex-Im Loans Support Energy Exports
More than a $150 million worth of American-made energy equipment will be exported to Uruguay and Mexico as a result of transactions approved by the Export-Import Bank of the U.S. It approved a $78.6 million direct loan to Abengoa of…
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Seville, Spain, that applies technology solutions for sustainable development in the energy and environment sectors. The Bank also approved a $73.6 million direct loan to Palmatir S.A. of Cuchilla de Peralta, Uruguay, which is owned by Abengoa. Ex-Im's loan to Palmatir will support the purchase of 25 wind turbines from Gamesa Technology Corp. of Trevose, Pa. The loan to Abengoa will support the purchase of three GE 7FA gas turbines and two generators for the use in the 642 MW Centro Power Project in Morelos, Mexico.