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Rescooped by Julie Nordskog Andrews from Renewables Mexico
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Reflecting New Company Focus, Gamesa Sells 70 MW Wind Farm To Iberdrola

Reflecting New Company Focus, Gamesa Sells 70 MW Wind Farm To Iberdrola | Border Energy | Scoop.it

Gamesa has sold Iberdrola a wind farm development in Mexico with a future total installed capacity of 70 MW.

Gamesa will be in charge of developing and building the Dos Arbolitos wind farm, located in the town of Juchitan de Zaragoza in the state of Oaxaca. The scope of the agreement encompasses the supply and installation of 35 Gamesa 2.0 MW wind turbines, which are scheduled for delivery at year-end; the facility is slated for commissioning in 2014.

Gamesa says this transaction falls under the company’s new strategy to navigate a wind farm through the end-to-end development phase (site identification, wind resource measurement, government permits, engineering, construction, turbine supply and O&M services) without having to put up internal funds.


Via Alejandro Pinero
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Alejandro Pinero's curator insight, May 8, 2013 8:45 AM

*** Meet Iberdrola and Gamesa at Wind Power Mexico! www.mirec2013.com ***

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To power Mexico forward, Peña Nieto looks to energy reform

To power Mexico forward, Peña Nieto looks to energy reform | Border Energy | Scoop.it
Mexican President Peña Nieto aims to power the country forward with an overhaul of the state oil company.
Julie Nordskog Andrews's insight:

PEMEX, like the PRI, just never goes away. And what about renewable energies?

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Rescooped by Julie Nordskog Andrews from Renewables Mexico
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228MW Mexican duo snapped up

228MW Mexican duo snapped up | Border Energy | Scoop.it

Renovalia Reserve has bought two wind farms with a total capacity of 227.5MW in southern Mexico.

 

The joint venture between First Reserve and Renovalia Energy did not disclose details of the transaction for the duo, which are both in Oaxaca and are Renovalia  developments.

 

The Piedra Larga wind farm is rated at 90MW and has been operational since June 2012.  The second project has a 137.5MW capacity and is under construction, with full operations expected in early 2014.

 

Piedra Larga has long-term financing in place and “similar arrangements anticipated for the second scheme”, Renovalia Reserve said.  Revenues from the duo are from long-term, inflation-linked power purchase agreements covering a period of 15 to 18 years with Grupo Bimbo and “a world-leading retailer”.

 

Renovalia Energy chief executive and Renovalia Reserve  director Jaime Galobart said: “We are delighted to continue sharing our expansion plans with such a solid partner as First Reserve.”

 

The Renovalia Reserve joint venture was formed in 2011 to own and operate a portfolio of wind farms in Europe and North America.  The partnership has six onshore sites in Spain (244MW) and one in Hungary (15MW).  The two projects in Mexico will take its total capacity to 487MW.


Via Alejandro Pinero
Julie Nordskog Andrews's insight:

Ok, Oaxaca is not on the border, but this is promising!

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