Cabeólica has inaugurated a 2.5 MW wind farm on Boa Vista Island, part of the Cape Verde archipelago. The new wind farm, which accounts for half of the island’s power generation capacity, is part of a public-private partnership project, funded by the African Development Bank and the European Investment Bank.
The project is the result of a partnership set up in 2009. Cabeólica has as its partners Electra, Cape Verde’s government-owned water and electricity company, InfraCo Limited, the Africa Finance Corporation, and the Finnish Fund for Industrial Cooperation (FinnFund).