Canadian Solar Inc. has closed a US$45 million financing with Natixis, an arm of Groupe BPCE, the second largest banking group in France. Proceeds from the non-recourse financing will be used to construct the Company's 68MWp solar power project in Aguascalientes, Mexico.
Canadian Solar was awarded the Aguascalientes project during the 2016 inaugural Mexico energy auction. Electricity generated by the project will be sold to Comisión Federal de Electricidad, under a 15-year Power Purchase Agreement (PPA) for energy and capacity, and 20-year for Clean Energy Certificates for approximately US$47.95/MWh.
Country updates
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August 03, 2018
JA Solar supplying modules for 404 MW solar project in Mexico's Sonoran Desert
JA Solar Holdings Co. has announced that it is supplying 404 MW of its high-efficiency photovoltaic (PV) modules to a solar power station located in Puerto Libertad, Mexico, being developed...
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July 18, 2018
Acciona secures US$264 million for 400 MW solar project in Mexico
Acciona has announced that, alongside Tuto Energy, it has signed a financing agreement for the 404 MWp Puerto Libertad photovoltaic complex in Sonora, north-west Mexico. The two compani...
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July 12, 2018
Envision strategic partnership with Bow Power for the 90 MW wind project in Mexico
Envision, a leading global smart energy solution provider, announced a strategic partnership with Bow Power to evaluate, develop, and operate utility-scale wind farm projects in Latin America, startin...
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July 05, 2018
Allianz Global Investors’ Infrastructure Debt and Fermaca reached a deal to refinance El Encino–La Laguna Mexico gas pipeline
Allianz Global Investors (AllianzGI), has announced that it has made an investment on behalf of its clients into the term refinancing of El Encino – La Laguna pipeline (EELL), an operating natur...
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June 25, 2018
IDB Invest has announced to provide USD37 million financing for the solar project
IDB Invest has announced to provide USD37 million financing for the solar project. The financial package covers operation, maintenance and construction
