HomeWorld RegionsLatin AmericaUruguayan wind farms in doubt due to financial constraints

Uruguayan wind farms in doubt due to financial constraints

Plans by Uruguay’s government to promote the development of wind farms in the coming years might face delay due to a tightening in financing.

Fernando Schaich, head of renewable energy at SEG Ingenieria, said that “producing over 600 MW will be a success for Uruguay” considering the current financial problems, reports El Paàƒ­s.

However Schaich called for optimism as foreign companies remained interested in investing in the country’s wind power sector.

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