Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) has started the commercial operation of 41 MW Rumorosa single-axis solar farms in Tecate, Baja California.
The Rumorosa single-axis solar farms has an investment of about MXN960 million (US$49.54 million).
The plant is constructed in a 135 hectares parcel and features 165,510 new state-of-the-art solar panels. During its construction phase, project created more than 800 direct and indirect jobs.
Country updates
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November 19, 2019
Canadian Solar sells 49% in 370 MW solar portfolio in Mexico
Canadian Solar Inc. has sold 49% interest in three solar photovoltaic projects in Mexico totaling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO) and Sprott Korea, a leading fund manage...
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November 15, 2019
EC Commission clears acquisition of joint control over X-Elio Energy by Brookfield and KKR
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over X-Elio Energy, S.L. by Brookfield Asset Management Inc. and KKR & Co. Inc. whic...
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November 06, 2019
AVAIO, Tortoise capital buy 12 mtpa LNG export facility on the Pacific Coast
A consortium led by AVAIO Capital has acquired control of the 12 mtpa LNG export facility on the Pacific Coast of Mexico. As part of this transaction, investors including AVAIO Capital and funds manag...
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October 25, 2019
IEnova secures 3rd PPA for 150 MW solar PV project in Juarez
Infraestructura Energetica Nova SAB de CV (IEnova) has secured a third power purchase agreement (PPA) with a packaging supplier Envases Universales de Mexico SAPI de CV (The Envases Universales G...
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October 24, 2019
OPDEnergy signs US$86m financing from SMBC for two solar projects
OPDEnergy has signed two project financing deals with Sumitomo Mitsui Banking Corporation (SMBC) for US$86 million to build two solar photovoltaic plants in Mexico. The financing will cover two proje...
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