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

Mexico

Mexico

Pattern and Cemex form Mexican JV

MEXICO: Pattern Energy Group has formed a joint venture with Cemex Energia to develop renewable energy projects in Mexico.

Cemex Energia developed the Eurus complex in Mexico with Acciona
Cemex Energia developed the Eurus complex in Mexico with Acciona

The joint venture plans to develop 1GW of renewable projects in Mexico by 2020. The Mexican government has set a target to produce 35% of its energy from renewables by 2024.

Pattern Energy CEO, Mike Garland, said a move in to Mexico was a "natural expansion".

Pattern's renewable energy division retains a right of first offer for projects developed by its parent company, which formed the JV with Cemex Energia.

Cemex is a building materials company based in Mexico and the US with a global customer base. Its renewables division jointly developed the 250MW Eurus cluster in Oaxaca, southern Mexico, with Acciona.

Pattern Energy owns 1.6GW of wind power in the US across 12 projects.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Windpower Monthly Events

Latest Jobs