Grupo Enhol Acquires 55% Stake in 43.2 MW San Miguel Wind Project in Guanacaste, Costa Rica
Grupo Enhol has acquired a 55% stake in the 43.2 MW San Miguel onshore wind project in Guanacaste, Costa Rica, in partnership with Naiad Renovables. The project, requiring an estimated investment of approximately $100 million USD, is backed by a long-term PPA with rural electricity cooperative Coopelesca. The deal marks Grupo Enhol's strategic entry into Costa Rica and Central America.
Transaction date: · Source: eleconomista.es
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 42 MW
- Transaction price
- 85 million (currency as reported in the source)
- Buyer
- Grupo Enhol, Naiad Renovables
- Country
- Costa Rica
- Region
- Guanacaste
- Location
- Guanacaste Province, Costa Rica
- Continent
- North America
- Development status
- Under Development
- PPA
- Yes
Technology details
43.2 MW onshore wind project (San Miguel) located in the province of Guanacaste. Estimated total investment of approximately $100 million USD (approx. €85 million). Developed jointly by Grupo Enhol and Naiad Renovables.
Power purchase agreement (PPA)
Long-term Power Purchase Agreement (PPA) with Cooperativa de Electrificación Rural de San Carlos (Coopelesca), providing long-term revenue visibility and financial stability for the project.
Additional information
Grupo Enhol holds a 55% controlling stake; Naiad Renovables holds the remaining 45%. The strategic partnership between Enhol and Naiad covers multiple projects in Costa Rica and other Central American countries. Transaction marks Grupo Enhol's entry into Costa Rica and Central America as part of its international expansion strategy into Asia-Pacific and South America. Seller not disclosed.
Source
Original announcement: https://www.eleconomista.es/energia/noticias/13861529/04/26/grupo-enhol-entra-en-costa-rica-con-una-planta-eolica-de-85-millones-de-inversion.html