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Arctas Sells Nicaraguan Wind Farms to AEI

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Arctas has sold its 47.5% joint controlling interest in the 63-megawatt (MW) Amayo I and Amayo II wind projects in Nicaragua to AEI, one of the largest emerging markets power and gas companies. The amount of the transaction is undisclosed, but the two-phase Amayo project represents an investment of approximately US $150 million, among the largest privately developed energy investments in Central America.

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Arctas Sells Nicaraguan Wind Farms to AEI

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