Enel’s First Mexican Wind Farm Secures Financing

Posted by NAW Staff on August 31, 2012 No Comments
Categories : Projects & Contracts

The Inter-American Development Bank (IDP) has approved a loan of up to $76 million to Impulsora Nacional de Electricidad, a subsidiary of Enel Green Power SpA, to support its investment in a 74 MW wind farm in the Isthmus of Tehuantepec, in the Mexican state of Oaxaca.

The wind farm, known as Bii Nee Stipa II, is Enel Green Power's first wind farm in Mexico. The project is the fourth wind farm to be financed by the IDB in Oaxaca since 2009, and features 37 wind turbines with a total expected annual net generation of 278 GWh. Construction on the project was completed in June.

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