Examples of La Lucha in a sentence
Northland originated the La Lucha project and has obtained all major permits required for construction.
The project positions Northland to actively participate in the growing renewables market in New York State with a target of 70% renewable energy by 2030, which results in an incremental 13 GW of onshore renewable power generation.La Lucha 130 MW Solar Project UpdateConstruction of the 130 MW La Lucha solar project in the State of Durango, Mexico is nearing completion.
Activities at La Lucha have been affected by COVID-19, requiring added precautions, including coordination of communications and protocols with contractors and subcontractors, enhanced hygiene protocols, body temperature screening and other safety measures intended to minimize the potential transmission of the virus.
Closer to project completion, Northland expects to utilize non-recourse project financing to finance La Lucha once management secures offtake agreements.Hai Long 1,044 MW Offshore Wind Project – TaiwanIn the first half of 2018, the Company’s Hai Long project owned by Northland and its 40% partner, Yushan Energy, was allocated a total of 1,044 MW (626 MW net to Northland) by the Bureau of Energy of Taiwan under a FIT program and an auction process.
La Lucha 130 MW Solar Project – MexicoOn May 7, 2019, Northland announced the final investment decision approval for the construction of its La Lucha solar project in the State of Durango, Mexico.
Today, Northland is a top-ten owner and developer of offshore wind assets globally by megawatt capacity.Activity UpdateConstruction activities at Northland’s La Lucha solar project in Mexico are progressing with completion expected by end of the year.As noted earlier, Northland closed the acquisition of three onshore wind development projects in New York State during the quarter with a total gross capacity of approximately 300 MW.
Northland expects to utilize non-recourse project financing to finance La Lucha once construction is complete.Deutsche Bucht 269 MW Offshore Wind Project – GermanyThe construction of Northland’s Deutsche Bucht offshore wind project remains on budget and all 31 monopile foundation turbines were installed by the end of August 2019, ahead of schedule, and generating power by the end of September 2019.
EBSA is expected to contribute adjusted EBITDA in 2020 of approximately COP 255 billion ($100 million) based on the submitted rate application.La Lucha 130 MW Solar Project – MexicoIn May 2019, Northland announced the final investment decision followed by the commencement of the construction of its 100%-owned La Lucha 130 MW solar project in the State of Durango, Mexico, which Northland originated as part of its broader Mexico development strategy.
Refer to SECTION 6: EQUITY, LIQUIDITY AND CAPITAL RESOURCES and SECTION 8: CONSTRUCTION, DEVELOPMENT AND ACQUISITION ACTIVITIESfor additional information.La Lucha Solar Project UpdateIn May 2019, Northland announced the final investment decision followed by the commencement of the construction of its 100%-owned La Lucha 130 MW solar project in the State of Durango, Mexico, which Northland originated as part of its broader Mexico development strategy.
Northland intends to secure non- recourse project financing for La Lucha once construction is complete.As part of its development strategy in Mexico and to facilitate securing off-take agreements for La Lucha, Northland completed the acquisition of an entity in Mexico, NP Energía, that holds a qualified supplier license.