IDB loans to support wind power projects in Peru

The Inter-American Development Bank announced the approval of loans of $23.2 million and $44.1 million to the Marcona and Tres Hermanas wind farm projects in the department of Nazca, south of Lima. The loans will provide long-term financing for two of the first commercial-scale wind power projects in Peru, leading to the displacement of an estimated 440,000 tons of CO2 emissions annually.

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