Florida II is a wind plant located in the region of the same name in Uruguay. The plant has a total of 49,5MW installed capacity, with 15 Vestas V117 wind turbines with a nominal capacity of 3,3 MW each and has been in operation since August 2016. Florida II is an extension of Florida I with a similar total capacity, and both have production ratios of over 40%. The green electricity generated by these two plants is sufficient to supply the region twice over.
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Florida II is the third asset brought online by Akuo in Uruguay, hence taking its installed capacity in this country to 142 MW, and therefore benefited from a very steep learning curve. Most of the parties were the same (notably turbine supplier (Vestas), senior lenders (KfW IPEX-Bank and EKF) and shareholders (EURUS)) as those involved in the Minas project. This is thus the second project successfully implemented jointly by Akuo and Eurus. The electricity generated by Florida II will be directly purchased by UTE, Uruguay’s state-owned grid operator, within the framework of a 20-year dollar-denominated and inflation-indexed power purchase contract.
Such as Florida I, the plant helped Uruguay to reach 97% of electricity production from renewable sources in 2022.