Climate Fund Managers (CFM) and UPC Renewables (UPC) have announced their partnership for the development of a 30 MW Windfarm in Tunisia, CFM indicated.
Brian Caffyn, Chairman of the UPC Group was quoted as saying “we are excited to work with CFM under this partnership for Sidi Mansour 30MW project that can address some of the challenges in the Authorization Scheme to help achieve the ambitious Tunisian Solar Plan.
We can start the construction of the Sidi Mansour wind farm in 2020, helping stimulate the Tunisian economy, create local jobs and a social plan for local communities while respecting international environmental protection guidelines.
Sebastian Surie, Regional Head of Africa for CFM said “CFM is thrilled to partner with a leading wind developer in the Sidi Mansour Wind Project to assist Tunisia in meeting its renewable energy goals.
As potentially the first Wind IPP in Tunisia, this Project will be a testament to how CI1’s full lifecycle financing solution can unlock investment in renewable energy in new markets.”