New York-based AWS Truepower has been hired as independent engineer to support the financing and construction of the Ventika I and Ventika II wind projects in Nuevo Leon, Mexico.
AWS says the Ventika facility consists of two 126 MW projects – making it the largest wind farm in Mexico at the time of financing – and will utilize 84 Acciona AW 3000 turbines. Construction began in the second quarter of this year, and commercial operation is expected by the second quarter of 2016.
The company provided lender support to Banco Santander, North American Development Bank, Banco Nacional de Obras y Servicios Publicos, Nacional Financiera, and Banco Nacional de Comercio Exterior. The total investment for the projects is $650 million, secured by co-developers CEMEX and Fisterra Energy.
AWS also acted as the energy consultant and engineer in the debt financing and is providing construction monitoring on behalf of the lenders and sponsors until substantial completion of the wind farm.
‘The Ventika I and II projects are a major advancement in the development of wind energy in Mexico and Latin America and also are a great example of the growing momentum of wind projects globally,’ says Joan Aymami, vice president of Latin America at AWS Truepower.