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The project is an operating onshore wind farm called Punta Lima Wind Farm with a nameplate capacity of 26.0 MW’s located in the Municipality of Naguabo, Puerto Rico. The Project was re-constructed and recommissioned by Santander and has a 20-year power purchase agreement (“PPA”) in place with Puerto Rico Electric Power Authority (PREPA) terminating in March 2044.
Punta Lima Wind Farm, LLC operates a wind power plant called Punta Lima Wind Farm, The Punta Lima project started production in October 2012 until it was rendered inoperative by hurricane Maria in 2017. Installation of 13 new Vestas V100-2.0 MW wind turbines started in 2022 with COD achieved in March 2024.
Power Plants
Installed Capacity
Capacity Factor
Production
Interconnection Line
Development Stage
PPA
COD2
Punta Lima Wind Farm
26 MW
23% - 26% (P90-P50 estimates)
˜52-58 GWhr / year (P90-P50)
Aprox. 5KM
Operational
20 years + 2 x 5 years – U$147.28 / MWhr
U$129.36%/MWhr 11 - 15 YR and U$141/MWhr 16 - 20 YR
Q1 2024