Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, has started construction on the 22 MW Santa Catarina wind project in northern Mexico.
The wind farm will be located in the Santa Catarina municipality, outside of Monterrey, Mexico. Conduit acquired the Santa Catarina project through the firm's Latin Power III Fund, along with long-term partner Comexhidro SA de CV of Mexico, in late 2010. Asergen SC, an affiliated company of Comexhidro, is also managing the project.
The project's output will be sold under long-term power purchase agreements with municipalities around the city of Monterrey.