About Us - Portfolio - Foundation Wind Energy - I & II
Date of Investment: March 2013
Country: Pakistan
Industry: Renewable Energy
Fund: IIF
Foundation Wind Energy-I (“FWEL-I”) and II (“FWEL-II”) are among two of Pakistan’s first wind farms located in the Sindh province in Southeast Pakistan under the Pakistan Feed-in Tariff (“FiT”) Programme. The 50MW wind parks were constructed under the sponsorship of the Fauji Foundation, Fauji Fertilizer Bin Qasim and the Tapal Group (for FWEL-II only) - all from Pakistan. FWEL-I and FWEL-II achieved Commercial Operations Date on April 2015 and December 2014, respectively.