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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

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