trending Market Intelligence /marketintelligence/en/news-insights/trending/nDr3hp0FcGSolLDN1dCIRQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

TerraForm Global closes purchase of solar farm in Uruguay

Q3: U.S. Solar and Wind Power by the Numbers

Path to Carbon-Free Power Generation by 2035

The Growing Importance of Data Centers for European & U.S. Renewable Projects

CAISO and ERCOT Power Forecasts by the Hour

TerraForm Global closes purchase of solar farm in Uruguay

TerraFormGlobal Inc. has completed the acquisition of a solar plant in Uruguay, itsaid in a Form 8-K filed April 8.

TerraForm Global, a yieldco company of , acquired the 26.4-MWAlto Cielo solar plant from Spain-based Solarpack Corporacion Technologica for $35.4 million.

Alto Cielo, which entered commercial operation in March2016, sells its power to Uruguay's National Administration of Power Plants andElectrical Transmissions under a 28-year contract.

The news comes on the heels of TerraForm Global's recent moveto terminate a dealto acquire the Espra hydroelectric plant in Brazil by paying a $10.0 millionfee to Renova Energia SA.