The renewable energy firm Eurus Energy Holdings Corp had recently purchased a wind farm being constructed in southeast Uruguay. Eurus is a jointly owned firm by Tokyo Electric Power Co and Toyta Tsusho Corp while the Uruguayan wind farm is owned by Akup Energy SAS.
The Minas wind far is able to produce 42 megawatts of power from 14 turbines from Vestas Wind Systems A/S. The power produced in the wind farm would be sold to the state power grid operated by the Administracion Nacional de Usinas & Transmisiones Electricas. The said project has a term of 20 years according to the joint statement issued by the two companies. The statement though did not mention the price paid for the property purchased.
The construction on the project commenced back in March and is scheduled for completion by early 2014. The wind farm is located in Lavalleja in southeast Uruguay.
In a statement, Eurus Energy CEO Mark Anderson said, "Eurus Energy America is pleased to partner with Akuo on the Minas project and expand our renewable footprint into South America."
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