Siemens-Built Peru Wind Farm Gets $65 Million U.S. Loan

The U.S. Export-Import Bank agreed to lend $65 million for Peruvian wind farms that will use Siemens AG turbines made in Kansas and Iowa.

The projects will support almost 800 jobs at Siemens’ plants in the two states, the Washington-based policy bank said today in a statement. The Marcona and the Tres Hermanas wind projects, closely located in the Ica region of southern Peru, have a combined capacity of 129 megawatts.

Last year the bank agreed to $257 million in financing for projects that support renewable-energy products, primarily in Central and South America, the export finance bank said in the statement.

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