PROJECT

Projects

Summary of Investment Information

Project Number

35080

Company Name

Compania Hondurena de Energia Solar SA de CV

Date SPI Disclosed

Sep 24, 2014

Country

Honduras

Region

Latin America and the Caribbean

Projected Board Date

Oct 27, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jan 22, 2026

Department

Regional Industry INF LAC & EUR

Industry

Infrastructure

Previous Events

Approved : Jan 9, 2015
Signed : May 13, 2015
Invested : Feb 12, 2016

Sector

Solar - Renewable Energy Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

Valle Solar PV (the “Project”) comprises the development, construction and operation of a 70 MWp solar PV power plant located in Nacaome, Honduras. The Project is expected to produce an average of approximately 122 GWh per annum. The Project is being developed by Compañía Hondureña de Energía Solar, S.A. de C.V. (“Cohessa” or the “Company”) and has successfully secured a 20-year Power Purchase Agreement (“PPA”) with state-owned utility, Empresa Nacional de Energía Eléctrica (“ENEE”). The PPA is part of a wider effort by ENEE and the Government of Honduras to diversify the country’s electricity supply and improve the reliability of the power grid. Cohessa will employ equipment (e.g. panels, inverters, etc) from top-class manufacturers and expects to start construction of the Project in Q4 of 2014. The Project is expected to become operational by the second half of 2015.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation