Grenergy started developing wind projects in 2014, and is currently under the financial closing of 2 plants of 18MW located in the north of Peru, both with signed PPAs awarded at the February 2016 auction. We also own 1 project of 24MW in Argentina, in the Province of Chubut, awarded with PPA in the 2016 RenovAr1 and we are also working on the financial closing and preparing the construction for both projects.
We realized that the development of wind plants is very similar to that of solar plants, and so decided to pursue wind projects. We have come a long way since 2014, and now have a team dedicated specifically to the development of wind energy projects. We passed an important milestone with the Peru auction, proving we can compete against global players, and are hoping to continue our success with our close to 400MW portfolio of wind projects.