Ventika wind farm project, Mexico
Name and Location
Ventika wind farm project, Nuevo Leon, Mexico.
Client
CEMEX.
Project Description
The project comprises the construction of two 126 MW wind farms, for a total nominal capacity of 252 MW to be located in General Bravo, Nuevo Leon, Mexico.
These wind farms will supply renewable energy to facilities belonging to FEMSA, DEACERO, Tecnológico de Monterrey and CEMEX, under the self-supply scheme approved by the Mexican Energy Regulatory Commission. In addition, more offtakers could be brought in, in the near future.
Value
$650-million, of which 75% corresponds to debt and 25% to equity. The debt financiers are the North American Development Bank, Banobras, Nafin, Bancomext and Santander.
The equity partners are Fisterra Energy, a company majority owned by funds managed by Blackstone, CEMEX and private investors.
Duration
Construction started in the second quarter of 2014 and commercial operation is expected by the second quarter of 2016.
Latest Developments
All required permits and contracts with authorities to build, operate and commercialise the wind farms have been obtained.
Acciona Energía has been selected as the engineering, procurement, and constructor (EPC) and the operation and maintenance (O&M) contractor.
Key Contracts and Suppliers
Acciona Energía (EPC and O&M contractor).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Cemex media relations, Jorge Pérez, tel +52 81 8888 4334 or email mr@cemex.com.
Acciona Energía, tel +34 91 663 28 50 or fax +34 91 663 28 51.
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