Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Mexico

Mexico

Enel secures Mexican wind loan

MEXICO: Enel Green Power (EGP) today announced it had signed a $100 million loan deal with Spanish Bank BBVA for its projects in Oaxaca.

EGP's current Oaxaca projects use Gamesa G80 2MW turbines
EGP's current Oaxaca projects use Gamesa G80 2MW turbines
Through its local subsidiary Inelec, EGP has secured a five-year loan to partially support its projects in Oaxaca, Mexico's key state for wind development.

EGP currently has two operational wind projects in Oaxaca totalling 144MW: the 74MW Bii Nee Stipa II wind farm and the 70MW Bii Nee Stipa III. Both projects use Gamesa G80 2MW turbines.

Both projects are located in the Isthmus of Tehuantepec, in the La Ventosa region of Oaxaca, Mexico. The isthmus represents the narrowest piece of land separating the Gulf of Mexico and the Pacific Ocean and has outstanding wind conditions.

In addition to these two operational projects, EGP late last year won a public tender to develop another 102MW wind project in the Isthmus.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Only [DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs