Mitsui & Co. Obtains 50% Stake In Mexico Wind Farm

NAW Staff
by NAW Staff
on December 24, 2013 No Comments
Categories : Projects & Contracts

An affiliate of Mitsui & Co. has acquired a 50% stake in the Eoliatec del Pacifico, S.A.P.I. de C.V., which owns the 160 MW Santo Domingo Wind Project, located in Oaxaca, Mexico.

According to EDF EN Mexico, which co-owns the project, the wind farm is scheduled to begin producing power in April 2014. EDF EN Mexico, which has 300 MW in development in Oaxaca, operates a 67.5 MW wind farm in the vicinity.

Mitsui notes the project will be powered by 80 Gamesa 2 MW wind turbines. Two private-sector companies have agreed to purchase the wind farm's output over 15 years.

The Santo Domingo agreement follows Mitsui's February acquisition of half of the 164 MW Bii Stinu wind project, also located in Oaxaca. In addition to wind energy, Mitsui also co-owns several Mexico-based gas-fired combined-cycle power stations.

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