Madrid, 17 November 2016.- Elecnor, in partnership with the Bolivian company Emias, has secured a USD 70.5 million (EUR 65.4 million at the current exchange rate) contract to build two solar PV plants in southern Bolivia.
This is the largest supply and construction contract for a solar PV project awarded in Bolivia to date while the planned plants are also the country's number one clean energy project. The Uyuni, plant in the Department of Potosí will have a nameplate capacity of 60 MW and occupy a 200-hectare site. The Yunchará facility, in the Department of Tarija, will have a nameplate capacity of 5 MW and occupy a 15-hectare site.
The contract for the two plants was awarded by the state-owned ENDE Guaracachi company, a subsidiary of Empresa Nacional de Electricidad (ENDE), and the Central Bank of Bolivia is providing funding.
Work on the Uyuni plant is expected to take one year while the Yunchará facility is scheduled for completion in six months.
This contract expands Elecnor's footprint in Latin America, where the company has a strong presence in markets such as Brazil, Chile and Mexico. In 2015, the company obtained consolidated sales of EUR 1,881 million, with the international market accounting for 55% of this total and the domestic market for 45%. Of this total, EUR 667 million were generated in the Americas.
Elecnor is one of the leading corporations in project development, construction and operation through two major mutually-enriching business areas: Infrastructure and Concessions.
Infrastructure, renewable energy and new technologies are the main areas of activity in which the Infrastructure and Concessions businesses are involved.