Mexico inaugurates US$ 650 million wind farm

Mexico inaugurates US$ 650 million wind farm

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Mexican authorities along with Acciona Energia executives inaugurated the Ventika wind farms, with a combined capacity of 252 MW.

The complex located in the northern state of Nuevo Leon is Acciona’s biggest project ever built for a client.

The two wind parks represented an investment of about US$ 650 million. The plants use 84 pieces of AW116/3000 wind turbines of 3 MW of capacity, supplied by Acciona Windpower. German wind turbine maker Nordex SE acquired the latter from Spanish group Acciona SA this spring.

Mexico has a goal to increase to 25% the renewable share in the country's energy mix by 2018 and to 35% by 2024. Currently, clean energy has a 20.3% share, said the government.

The Ventika complex should be able to meet the electrical demand of more than 630,000 households as well as offset around 961,000 tonnes of carbon dioxide (CO2), Acciona said in its press release. 

Last week, Infraestructura Energetica Nova SA de CV, also known as IEnova, announced a deal to buy the Ventika wind power complex from Blackstone Energy Partners and some minority stockholders. It has agreed to pay USD$ 375 million and assume USD 477 million of long-term project financing as part of the deal.